Hyperscale Data has completed the sale of approximately 685 bitcoins and still holds around 275 bitcoins

August 14th, according to Reuters, AI data center company Hyperscale Data (GPUS) announced that it has completed the sale of approximately 685 bitcoins, cashing out about $43 million. The proceeds will be mainly used for the continued development and expansion of the Michigan data center, while repaying around $30 million in debt to optimize the capital structure. The company currently still holds about 275 bitcoins.