According to Deep Tide TechFlow, Hyperscale Data announced the launch of a $100 million bitcoin reserve strategy, positioning bitcoin as its main corporate reserve asset. Part of the funding comes from the sale of Montana data center assets and equity financing.
The company plans to increase the power capacity of its Michigan AI data center to 70 megawatts within 20 months, with a potential expansion to 340 megawatts. Hyperscale Data will announce its cryptocurrency holdings weekly to enhance transparency.
According to previous news, Hyperscale Data disclosed that it currently holds 11.1159 bitcoins and 33,120 XRP.
