Hyperscale Data sells 100 BTC to fund Michigan AI campus

Hyperscale Data, a publicly traded infrastructure firm formerly known as Ault Alliance, has sold approximately 100 Bitcoin and established a Bitcoin-backed credit facility to finance construction of its artificial intelligence data center campus in Michigan. The company announced the move, which leverages its digital asset holdings to fund capital-intensive infrastructure without relying on equity financing, on Thursday, July 30, 2026.

Under the strategy, proceeds from the sale of Bitcoin will fund construction and the purchase of critical equipment with long lead times for the Michigan facility. Concurrently, the company secured a Bitcoin-collateralized line of credit, which it expects will carry a variable interest rate between 4.5% and 5%. This structure allows Hyperscale Data to raise capital against its remaining Bitcoin reserves, which officials said total about 1,006 BTC, rather than liquidating a larger portion of its holdings. Executive leadership stated the approach is designed to improve financial flexibility, fund strategic investments, and avoid shareholder dilution.

The funding is directed toward fulfilling a previously announced master services agreement with an...