TechFlow, September 15 — According to PR Newswire, Hyperscale Data (NYSE: GPUS) announced the launch of a $100 million Bitcoin reserve strategy, planning to hold Bitcoin as a primary corporate treasury asset. Part of the funding will come from the sale of its Montana data center assets and stock financing. The company will accelerate the expansion of its Michigan AI data center, aiming to increase power capacity to 70 megawatts within 20 months, with potential future expansion up to 340 megawatts. Hyperscale Data will publish weekly disclosures of its cryptocurrency holdings to enhance transparency.
Earlier reports indicated that Hyperscale Data currently holds 11.1159 bitcoins and 33,120 XRP.
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