Hyperscale Data, Inc. (GPUS) Stock: Surge as 100 Bitcoin Sale Funds Michigan AI Campus
TLDR
- Hyperscale Data sells 100 Bitcoin to accelerate its Michigan AI campus build.
- GPUS stock gains 5.50% as Bitcoin proceeds support Michigan data center growth.
- A Bitcoin-backed credit line offers funding at expected rates of 4.5% to 5%.
- The initial 20 MW AI services deal could generate over $1.2 billion in revenue.
- An extra 32 MW option could lift total contract revenue well beyond $3 billion.
Hyperscale Data (GPUS) stock rose 5.50% to $0.1208 after recovering from an intraday decline. The gain followed plans to sell Bitcoin and fund its Michigan AI data center campus. The move connects treasury capital with a long-term infrastructure project and contracted computing demand.
Bitcoin Sale Redirects Capital Toward Michigan Campus
Hyperscale Data sold about 100 Bitcoin and directed the proceeds toward its Michigan campus development. The company did not disclose the sale date or the final transaction price. However, Thursday’s Bitcoin price of $64,823 valued the transaction near $6.48 million.
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