AI Data Center Company Hyperscale Data Announces Major Financing Plan—Issuance of up to $50 million in common stock through at-the-market (ATM) offering.
How will the funds be spent? That’s the key. According to the company, the majority of the raised funds will be directly used to purchase Bitcoin, reflecting the company's clear bullish stance on crypto assets. In addition, the remaining funds will be used to accelerate the construction of the Michigan data center, as well as support daily operations and general corporate needs.
This financing is being facilitated through partners like Spartan Capital Securities. From the scale and allocation of the funds, Hyperscale Data’s emphasis on Bitcoin allocation is quite prominent, which also reflects the strategic layout of digital assets by many current tech companies.
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ser_ngmi
· 12-20 02:46
Selling data centers under the guise of it, hoarding Bitcoin is the real goal. I’m familiar with this trick.
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ApeEscapeArtist
· 12-20 02:45
Haha, really? Funding directly into Bitcoin, I like this move.
The big players buy BTC with funding, and the rest is for operations. Truly daring.
Data center + Bitcoin dual-track, those who understand, understand.
Just $50 million to get on board, still optimistic.
These days, raising funds without some Bitcoin, it's embarrassing to go out.
This approach is indeed clear-headed, unlike some tech companies that only know how to burn money.
The Michigan data center is just a front; the real activity is in Bitcoin allocation.
Another wake-up call. Are companies starting to hoard coins now?
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AirDropMissed
· 12-20 02:43
The main focus of the funding is buying Bitcoin. I like this approach.
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50 million USD directly invested in BTC. This guy has a pretty clear view.
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Data centers are also holding coins on the side? Is this how everyone is playing now?
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Running an AI data center while also mining Bitcoin—there's something to that.
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Mainly buying Bitcoin, which means they must be very optimistic.
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If they pick the wrong timing, it could be a bit awkward, right?
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Another company converting cash to BTC. This trend just keeps going.
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Rather than saying it's an AI company, it's more like a Bitcoin fund haha.
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50 million USD to buy Bitcoin. I just want to know what the cost basis is.
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Running a data center and holding coins on the side—truly impressive.
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AirdropHunter007
· 12-20 02:37
Another company raising funds and going all-in on BTC, this pace is a bit intense.
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WalletWhisperer
· 12-20 02:36
Is the financing mainly to buy BTC? This company buddy really figured it out.
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BlockchainArchaeologist
· 12-20 02:28
50 million in funding mainly to buy Bitcoin? This pace is a bit crazy, data centers are almost moving to the back row.
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AirdropFatigue
· 12-20 02:21
It's another round of fundraising and buying Bitcoin—this routine is getting more and more familiar, haha.
Are the $50 million mainly used for accumulating coins? Is this real or just fundraising or a disguised way to get rich?
Data center companies turning into Bitcoin allocators—do tech companies do this too?
But the Michigan construction progress seems to be just a side note; the main focus is obviously on Bitcoin.
Whether this time can break the deadlock still depends on the market conditions.
AI Data Center Company Hyperscale Data Announces Major Financing Plan—Issuance of up to $50 million in common stock through at-the-market (ATM) offering.
How will the funds be spent? That’s the key. According to the company, the majority of the raised funds will be directly used to purchase Bitcoin, reflecting the company's clear bullish stance on crypto assets. In addition, the remaining funds will be used to accelerate the construction of the Michigan data center, as well as support daily operations and general corporate needs.
This financing is being facilitated through partners like Spartan Capital Securities. From the scale and allocation of the funds, Hyperscale Data’s emphasis on Bitcoin allocation is quite prominent, which also reflects the strategic layout of digital assets by many current tech companies.