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Regulation

Hyperscale Data (GPUS) Sells Its Last Bitcoin for AI Data Center, Months After Chasing $100 Million Treasury

Image: Bitcoin Magazine

Bitcoin Magazine Hyperscale Data (GPUS) Sells Its Last Bitcoin for AI Data Center, Months After Chasing $100 Million Treasury Hyperscale Data has sold the last of its bitcoin, the NYSE American-listed company said Tuesday, unloading about 211.56 BTC for roughly $16 million to pay down debt and fund an AI data center in Michigan. The sales were completed by Nov. 8 at about $76,000 per coin. Since it first sold part of its reserve in late July, Hyperscale has sold approximately 1,113 bitcoin for about $74.4 million, the company said. That works out to an average of roughly $66,800 per coin. At today’s price near $74,200, the same 1,113 BTC would be worth about $82.6 million.

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