[Hyperscale Data Sells Remaining Bitcoin, Profiting $16 Million]
Hyperscale Data sold its remaining 211.56 bitcoins on November 8th at approximately $76,000 per bitcoin, generating a gross profit of approximately $16 million. Since late July 2026, the company has sold approximately 1,113 bitcoins, generating approximately $74.4 million.
The proceeds will be used to repay debt and fund the construction of its Michigan AI data center. CEO Will Horne stated that the primary goal is to power the first 10 megawatts of critical IT capacity at the Michigan data center by December. The company is continuing mining at its Montana mining farm, and the bitcoins on its future balance sheet are expected to primarily come from its own mining operations. (Source: PR Newswire)
