The Block (@TheBlockCo): THE BLOCK: Hyperscale Data ‘monetized’ 100 BTC and secured a bitcoin-backed credit facility to fund its Michigan AI data center.
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THE BLOCK: Hyperscale Data ‘monetized’ 100 BTC and secured a bitcoin-backed credit facility to fund its Michigan AI data center. The company said the capital will support construction and equipment purchases tied to a 10-year AI infrastructure agreement worth more than $1.2 billion.