Hyperscale Data sells 685 BTC, redirects $43M toward Michigan data center
Hyperscale Data sells 685 BTC, redirects $43M toward Michigan data center
Hyperscale Data sold about 685 Bitcoin for approximately $43 million.The proceeds will primarily fund the continued development of its Michigan data center.The company retains about 275 BTC and plans to continue Bitcoin mining.Hyperscale Data expects to rebuild its Bitcoin holdings over time using mining production and available capital.