Hyperscale Data makes first Bitcoin sale to accelerate Michigan AI campus
The company said the strategy will provide access to lower-cost capital, reduce future shareholder dilution and preserve meaningful Bitcoin ownership.
Hyperscale Data has made its first Bitcoin sale, monetizing approximately 100 BTC, and secured a Bitcoin-backed credit facility as it shifts part of its crypto treasury toward financing its Michigan AI data center campus, according to a Thursday press release.
Hyperscale Data first adopted its Bitcoin treasury strategy in September 2025. Following the inaugural sale, the company still holds 1,006 Bitcoin worth about $65 million.
The company said the move reflects a capital allocation strategy aimed at accelerating construction, funding long-lead equipment purchases and lowering reliance on equity financing while preserving a substantial portion of its Bitcoin reserves.
The AI campus will initially support a 20 MW deployment under a previously announced master services agreement with a neo-cloud AI infrastructure provider, with the contract expected to generate more than $1.2 billion in revenue over its initial term.
The customer also holds an option to expand by another 32 MW, which could lift total contract revenue above $3 billion over the maximum contract period.
Hyperscale Data said the Bitcoin-backed financing, with expected interest rates of 4.5% to 5%, demonstrates how its Bitcoin treasury can be used as a strategic funding source rather than a passive balance sheet asset.