Hyperscale Data (GPUS) Sells Its Last Bitcoin for AI Data Center, Months After Chasing $100 Million Treasury
AI summary
Hyperscale Data (GPUS) sold its remaining 211.56 bitcoin for about $16 million by Nov. 8, bringing total sales since late July to roughly 1,113 BTC. The company is redirecting capital to energize 10 MW of AI data center capacity in Michigan in December. A corporate treasury fully exiting bitcoin to fund AI infrastructure adds to the narrative of miners and holders rotating away from BTC, a modest supply and sentiment headwind.
