TechFlow news, February 14: 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 at-the-market (ATM) equity offering program. The company will raise $35.4 million through the issuance of Series D Cumulative Redeemable Perpetual Preferred Stock. Net proceeds from the offering will be used to increase its Bitcoin holdings and to purchase precious metals—including gold, silver, and/or copper—as well as for working capital and general corporate purposes, including repayment, refinancing, redemption, or repurchase of future debt or equity.
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