Hyperscale Data, a U.S.-based company listed on the NYSE American, announced on the 14th that it sold 685 bitcoins (BTC), securing approximately $43 million in cash. This sale has reduced the company's debt by about $30 million, enhancing liquidity to support the expansion of its data center in Michigan.
Hyperscale Data explained that the funds obtained from the sale will be primarily used for the development and expansion of its data center in Michigan.