Hyperscale Data Sells 100 BTC to Fund Michigan AI Data Center

Bitcoin miner Hyperscale Data has sold approximately 100 Bitcoin and secured a Bitcoin-backed credit facility to finance its Michigan AI data center. The proceeds from the BTC sale are being used for construction and purchasing critical infrastructure and long-lead equipment for the Michigan campus. The Bitcoin-backed credit facility is expected to provide financing at variable interest rates of around 4.5% to 5.0%. The data center is being developed to support a 10-year master services agreement with an unnamed AI infrastructure provider, initially covering about 20 MW of AI compute capacity. The agreement includes two optional five-year extensions and could generate over $1.2 billion in revenue if fully exercised. The AI provider also has the option to expand capacity by an additional 32 MW within the first two years of the agreement. If exercised and maintained through the extension periods, the contract’s total value could exceed $3 billion. Hyperscale Data rebranded from Ault Alliance in 2024, shifting its focus to AI infrastructure while retaining its Bitcoin mining business. Its NYSE American-traded shares (GPUS) were up over 5% in late morning trading following the announcement. Data from BitcoinTreasuries.NET shows the company still holds about 1,006 BTC, making it the 44th-largest public corporate Bitcoin holder. How will markets react to this strategic move? The intersection of Bitcoin and AI infrastructure could reshape the crypto landscape, with implications for institutional adoption and long-term sector growth.