Bitcoin treasury company Hyperscale Data sells ~100 BTC and opens a Bitcoin-backed credit facility to fund AI data center expansion in Michigan.
AI & Agents ·
Hyperscale Data, a Bitcoin treasury company, sold roughly 100 BTC and established a Bitcoin-backed credit facility to support expansion of its AI data center in Michigan. The company is deploying a portion of its Bitcoin reserves directly toward AI infrastructure while simultaneously using remaining holdings as collateral for borrowing, according to The Block via WuBlockchain.
The dual approach allows Hyperscale Data to fund capital-intensive data center buildout without liquidating its entire Bitcoin position. The strategy reflects a hybrid model: converting some reserves to operational capital while maintaining leverage against holdings that continue to appreciate or decline with market conditions.
If all existing AI data center service contracts are renewed, the company projects cumulative revenue exceeding $1.2 billion. The timeline for contract extension, the size of the credit facility, and broader details on the terms of the Bitcoin-backed borrowing remain unspecified.