Bitcoin Miner Hyperscale Data Leverages BTC Holdings to Fuel AI Expansion in Michigan

TL;DR

• Hyperscale Data sold 100 BTC and secured Bitcoin-backed financing at 4.5% to 5.0% variable rates to fund its Michigan AI campus.
• The agreement covers 20 megawatts, could produce more than $1.2 billion, and may exceed $3 billion if capacity and extensions are exercised.
• After the sale, the company still holds about 1,006 BTC, while its shares rose more than 5% following the financing and expansion announcement.

Hyperscale Data has sold about 100 Bitcoin and arranged a BTC-backed credit facility to finance construction at its Michigan artificial intelligence campus. Proceeds from the sale will support building work, critical infrastructure, and equipment requiring long lead times. The company is converting part of its crypto treasury into physical computing capacity while borrowing against additional Bitcoin. The strategy is unusual because it preserves some exposure to BTC while turning another portion into capital for a business expected to generate recurring infrastructure revenue rather than relying solely on mining economics across its evolving corporate balance sheet.

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