Hyperscale Data Sells 685 Bitcoins, Cashes in $43 Million
2026-08-14 18:04:05
According to CoinMeta, as reported by PR Newswire, AI data center company Hyperscale Data sold 685 bitcoins, cashing in $43 million. The funds will be used for the expansion of the Michigan data center and to repay a debt of $30 million. After the sale, Hyperscale Data still holds 275 bitcoins. Executive Chairman Todd Ault stated that the company will continue to engage in bitcoin mining and plans to gradually rebuild its holdings.
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Source:Internet
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