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Hyperscale Data sells all remaining Bitcoin reserves for $16M to fund AI data center and reduce debt

Company Fundamentals
10 Nov 2026, 13:30 WIB
PRNewsWire
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Bullish
Hyperscale Data sells all remaining Bitcoin reserves for $16M to fund AI data center and reduce debt

Hyperscale Data sold its remaining 211.56 Bitcoin at about $76,000 each, generating $16 million in proceeds. Since July 2026, the company has sold over 1,100 Bitcoin for $74.4 million total. The funds will be used to pay down debt and support the development of its Michigan AI data center, aiming to energize 10 megawatts of IT capacity by December. The company will continue mining Bitcoin at its Montana site and expects future Bitcoin holdings to come mainly from mining operations. Hyperscale Data also plans a divestiture of its private equity arm, Ault Capital Group, in 2027.

Hyperscale Data's recent Bitcoin sale generated $16 million, adding to $74.4 million from over 1,100 Bitcoin sold since July 2026. For readers following the Technology sector, here is Pluang's market snapshot as of Nov 10, 2026 18:12 WIB: out of 150 priced US stocks, 51 rose and 89 fell. Notable movers include STM at USD 45.36 (+1.84%, 0% Sell / 100% Buy), UMC at USD 15.14 (+1.68%, 62% Sell / 38% Buy), and INTC at USD 58.40 (-1.63%, 28% Sell / 72% Buy).

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