Hyperscale Data Sold All Bitcoin Reserves to Fund AI Data Center

The American company Hyperscale Data, whose shares are traded on the NYSE American under the ticker GPUS, has fully sold its previously accumulated bitcoin reserves to reduce debt and finance an artificial intelligence (AI) data center in Michigan. By November 8, 2026, the company had sold the last 211.56 BTC for approximately $16 million at an average price of about $76,000 per coin.

According to Hyperscale Data, since the end of July, the company has sold a total of about 1,113 BTC, receiving approximately $74.4 million. The average selling price was about $66,800 per bitcoin. For comparison, at a market price of about $74,200 on November 10, a similar volume would be valued at approximately $82.6 million.

From a Plan to Accumulate $100 Million in BTC to a Complete Sale of Reserves

The decision to complete the asset sale differs from the strategy Hyperscale Data presented in the summer. At the end of July, the company owned more than 1,106 BTC and aimed to increase the value of its bitcoin reserve to $100 million, seeking to bring its value closer to its own market capitalization.

However, by early August, the company announced the sale of about 150.5 BTC. As of August 2, its balance was approximately 958.5 BTC, although the Ault Capital Group division simultaneously acquired about 15 BTC. Initially, management planned to maintain long-term investments in bitcoin and use part of the reserves for short-term financing.

First 10 MW of Computing Power Planned to Launch in December

Hyperscale Data now intends to direct the funds received to debt repayment and the development of the site in Michigan. The company plans to commission the first 10 MW of capacity for IT equipment in December 2026. CEO Will Horn considers the launch of these capacities the fastest path to profitability and associates the sale of bitcoins with reducing dependence on cryptocurrency market fluctuations.

At the same time, Hyperscale Data continues to mine bitcoins at a facility in Montana. In the future, the company expects to form cryptocurrency reserves primarily through its own mining. Also, in 2027, the separation of Ault Capital Group from the business structure is planned, after which Hyperscale intends to focus on owning and operating data centers.

Similar decisions are being made by other market participants. The company Keel sold its entire bitcoin reserve for $192 million in the III quarter, and mining companies Riot and Hut 8 sold thousands of BTC to finance AI infrastructure and stock buybacks. MARA also reported the sale of 13,597 BTC for approximately $1.1 billion after September 30, directing funds to the development of computing infrastructure and other corporate goals.

Hyperscale Data expects to publish its quarterly report by November 23, 2026, inclusive. The investor day, initially scheduled for November 12, has been postponed to this date. The company has not yet specified how much debt has been repaid through the sale of bitcoins and how much debt remains.