Hyperscale Data, a publicly traded Bitcoin treasury company, sold approximately 100 BTC to accelerate the development of its AI data center campus in Michigan. The transaction, valued at roughly $6.48 million based on Bitcoin’s price of $64,823 at the time, was disclosed alongside the company’s plans for a Bitcoin-backed credit facility. The move reflects a broader corporate trend of leveraging cryptocurrency holdings to finance high-return infrastructure projects.
The proceeds from the Bitcoin sale will support equipment purchases, site development, and other long‑lead construction needs. Hyperscale Data already holds an initial 20‑megawatt compute capacity agreement with a leading neo‑cloud infrastructure provider. That ten‑year contract — renewable for two additional five‑year terms — could generate cumulative revenue exceeding $1.2 billion. The customer also has the option to request another 32 megawatts of capacity within the first two years, potentially pushing total contract revenue beyond $3 billion if all extensions are exercised.
In parallel, the company established a Bitcoin‑backed credit facility that allows it to pledge remaining BTC reserves as collateral for future borrowings. Management expects variable interest rates between 4.5% and 5.0%. This non‑equity funding mechanism enables Hyperscale Data to limit shareholder dilution while maintaining substantial Bitcoin exposure on its balance sheet. The strategy mirrors approaches seen at firms like MARA Holdings, which recently liquidated 15,133 BTC for approximately $1.1 billion to support operational needs.
Hyperscale Data’s stock (ticker: GPUS) rose 5.50% to $0.1208 following the announcement, signaling investor approval of the capital allocation. The sale highlights Bitcoin’s growing utility as a corporate financial tool, moving beyond pure speculation to serve as collateral and liquidity for tangible technology ventures.
