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Hyperscale Data Sold All Its Bitcoin to Fund AI Data Center Operations
(3 hours ago) · 1 source · Summarized by CryptoBipto
Hyperscale Data, trading under the ticker GPUS, has sold its remaining Bitcoin holdings to finance its AI data center business. The company had previously pursued a $100 million Bitcoin treasury strategy just months earlier.
WHY IT MATTERS
Some companies have started holding Bitcoin in their corporate treasuries, similar to how a business might keep cash reserves or invest in gold.
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SOURCES
- bitcoinmagazine.com
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