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Hyperscale Data establishes a Bitcoin-backed DeFi financing program via Morpho Protocol, with current borrowings of approximately $30 million.

2026.08.03 - 11:46
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TechFlow news, August 03, according to PR Newswire, AI data center company Hyperscale Data (NYSE: GPUS) announced the successful implementation of a Bitcoin-backed DeFi financing strategy via the Morpho protocol. As of August 2, 2026, the company has completed approximately $30 million in Bitcoin collateralized loans through the protocol, with a current variable interest rate of approximately 4.9%. The raised funds will be used to support the continued construction of its Michigan AI data center campus, as well as general corporate purposes such as daily working capital. The company stated that this move aims to transform its Bitcoin treasury from passive reserve assets into a source of low-cost growth capital, reducing reliance on dilutive equity financing while retaining exposure to Bitcoin's long-term appreciation.

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