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[Hyperscale Data Plans to Establish Patriot BTC to Spin Off Bitcoin Mining Business] U.S.-listed data center company Hyperscale Data plans to establish a subsidiary, Patriot BTC, transferring its Montana data center, Bitcoin mining machines, and related mining infrastructure to the new company. This move aims to separate the Bitcoin mining business from the Michigan AI data center project for independent operations. Hyperscale Data's management is currently evaluating the possibility of making Patriot BTC a publicly traded entity through a spin-off or other transaction methods. The new subsidiary has not yet been officially established, and the specific transaction structure has not been approved.

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Today 2026-09-22
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