TechFlow, Dec 20 — According to PRNewswire, Hyperscale Data, a Bitcoin treasury company listed on NYSE American (a subsidiary of the New York Stock Exchange), announced the launch of an ATM equity offering program. Under this program, the company will from time to time sell shares of its common stock to raise up to $50 million in aggregate. Spartan Capital Securities has been appointed as the sales agent for the offering. The net proceeds will be used to continue purchasing Bitcoin, develop Hyperscale Data’s data center in Michigan, and for general corporate purposes.
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