Hyperscale Data Taps Bitcoin Holdings to Advance $3B AI Campus Deal

Hyperscale Data Taps Bitcoin Holdings to Advance $3B AI Campus Deal

Thu, July 30, 2026 at 6:54 PM GMT+3 2 min read

Hyperscale Data Inc. (NYSE: $GPUS) has begun using part of its bitcoin treasury to fund construction at its Michigan AI data center campus, turning a balance-sheet reserve into capital for a long-term compute buildout.

The company said it has monetized about 100 bitcoin (CRYPTO: $BTC) and directed the proceeds toward construction, critical infrastructure and long-lead equipment tied to a previously announced master services agreement with an unnamed neo-cloud AI infrastructure provider.

That agreement initially covers roughly 20 megawatts of critical AI compute capacity and runs for 10 years, with two five-year extension options. Hyperscale Data expects the contract to generate more than $1.2 billion if it reaches the maximum term.

More From Cryptoprowl:

The customer also holds an option for another 32 megawatts. If exercised within the first two years and extended across the full contract period, total expected revenue would rise above $3 billion.

Hyperscale Data has paired the bitcoin sale with a new credit facility that allows the company to borrow against its remaining holdings at variable rates expected to range from 4.5% to 5%. Management said the structure gives it access to non-equity capital while reducing its dependence on short-term share issuance.

Executive Chairman Milton "Todd" Ault III said deploying bitcoin and borrowing against the treasury offered a more attractive source of capital than relying mainly on additional equity at the company's current valuation.

The strategy changes how Hyperscale Data is using its crypto holdings without abandoning them. The company recently reported approximately $71 million in bitcoin before monetizing the 100 BTC, and said it still intends to preserve meaningful exposure to the asset.

CEO William Horne described the approach as shifting one balance-sheet asset into another, with the Michigan campus expected to produce recurring cash flow as new AI capacity comes online.

Hyperscale Data Inc. (NYSE: GPUS) is currently trading at $0.12 U.S. per share.