Hyperscale Data Sells All Bitcoin Reserves to Fund AI Center

American company Hyperscale Data (GPUS) has completed the sale of its accumulated Bitcoin reserves to reduce debt and allocate funds for the construction of an artificial intelligence data center in Michigan. The company announced this on November 10, 2026. However, it does not plan to halt Bitcoin mining at another site.

How Much Bitcoin Did Hyperscale Data Sell

By November 8, the company had sold the last 211.56 BTC at approximately $76,000 per coin, receiving about $16 million before expenses. Since the end of July, it has sold approximately 1,113 BTC for $74.4 million. The average sale price during this period was about $66,800 per Bitcoin. The company did not specify what portion of the proceeds has already been directed towards debt repayment.

Funds to Be Directed to AI Data Center

CEO Will Horn explained the decision as necessary to reduce Hyperscale Data's financial dependence on Bitcoin price fluctuations. The company's priority remains the launch of the first 10 MW of capacity for IT equipment at the Michigan data center in December 2026. Management views this phase as a potential path to profitability, although the commissioning of capacities remains a plan for now.

Previously, the company halted Bitcoin mining at the Michigan facility to repurpose the site for AI-related computations. Thus, the sale of accumulated coins accompanies a change in the purpose of part of the infrastructure, rather than a complete exit from mining.

Bitcoin Mining in Montana to Continue

Hyperscale Data stated that it maintains mining operations in the state of Montana. In the future, its cryptocurrency assets are expected to be primarily formed through its own mining. Therefore, the announcement of the sale of all reserves pertains to the accumulated stocks as of November 8, not to a final withdrawal from holding BTC.

Additional information on debt reduction and the progress of the data center preparation will be presented by management at an investor meeting on November 23.