Hyperscale Data (GPUS) announced the launch of a $100M Bitcoin (BTC-USD) treasury strategy as part of its transformation into a pure play artificial intelligence data center and digital asset company. The initiative will be funded, in part, by proceeds from the sale of the Company’s Montana data center assets, which were recently announced for sale, as well as by capital raised through its previously announced at-the-market equity program.
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Read More on GPUS:
- Hyperscale intends to sell land leases, power contracts for Montana data centers
- Hyperscale Data sees potential increase in FY25 revenue guidance
- Hyperscale Data Sells Series H Preferred Stock
- Hyperscale Data receives additional $4M investment from Ault & Company
- Hyperscale Data to add $20M in Bitcoin to balance sheet
