Hyperscale Data, Inc., a diversified holding company based in Las Vegas, announced a $100 million Bitcoin treasury strategy on Monday as it pivots toward becoming an AI-focused data center and digital asset company. The initiative will be funded through sales of its Montana data center assets and proceeds from its at-the-market equity program.
According to the press release, the company is also accelerating work at its Michigan campus, where client-installed NVIDIA GPU servers support AI and high-performance computing. Through its subsidiary Sentinum, Inc., Hyperscale has mined Bitcoin for years, giving it solid experience in digital assets.
The firm now intends to keep Bitcoin as a main treasury reserve, following a model like MicroStrategy’s, while committing to Michigan as its key infrastructure site, as per reports. Further, the firm will release weekly updates on its crypto holdings to maintain transparency.
Expansion of Michigan AI hub and boosting Bitcoin strategy
The Michigan site, operated by Alliance Cloud Services, a part of Sentinum, currently provides around 30 megawatts of power. Plans are underway to expand to 70 megawatts over the next 20 months using new natural gas power systems. In the long term, with utility agreements, regulatory approvals, and funding, the campus could grow to 340 megawatts.
The facility is built for AI and cloud companies that rely on powerful GPU systems, using NVIDIA technology at its heart. Hyperscale CEO William B. Horne called this expansion a major milestone.
“With the Michigan campus positioned to become an extremely valuable asset over time, and with Bitcoin now serving as a core treasury reserve, we are building a company anchored in two of the most dynamic forces of our era: artificial intelligence and digital assets,” he said.
The approach focuses on gathering Bitcoin and growing Michigan to build shareholder value and set the company apart.
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