Wu Blockchain (@WuBlockchain): Hyperscale Data Sells About 100 BTC, Opens Credit Facility to Fund AI Data Center
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Hyperscale Data Sells About 100 BTC, Opens Credit Facility to Fund AI Data Center According to The Block, Bitcoin treasury company Hyperscale Data sold approximately 100 BTC and opened a Bitcoin-backed credit facility to fund its AI data center in Michigan. The company said it is using part of its Bitcoin reserves for AI infrastructure while borrowing against the remaining Bitcoin holdings as collateral. If all AI data center service contracts are extended, the company expects cumulative revenue to exceed $1.2 billion.