Hyperscale Data to sell common stock to raise 125 million USD to purchase BTC and XRP

Reported on August 30, Hyperscale Data is launching an “At-The-Market (ATM)” stock issuance to raise 125 million USD. This sale will be facilitated by Wilson-Davis & Co., Inc. As the sales agent.

Proceeds from the fundraising will focus on buying Bitcoin and XRP, expanding Michigan data facilities, and ensuring working capital for corporate needs including debt management.

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