Hyperscale Data Launches $100 Million Bitcoin Treasury Strategy, Expands AI Campus
Hyperscale Data, Inc. announced on September 15 that it will deploy a $100 million Bitcoin treasury program as part of its shift toward operating as a dedicated artificial intelligence (AI) data centre and digital asset company. The plan will be supported partly by proceeds from the sale of the company’s Montana data centre assets and through its existing at-the-market equity offering. At the same time, Hyperscale is accelerating development at its Michigan facility, where customer-installed NVIDIA GPU servers are being used for AI and high-performance computing workloads. Bitcoin as Treasury Reserve Hyperscale Data will use its wholly owned subsidiary, Sentinum, Inc., to implement the treasury program. Sentinum has operated in Bitcoin mining for several years, giving the company a foundation in digital assets. The firm said it intends to adopt Bitcoin as a core treasury reserve asset, aligning its strategy with that of other publicly traded companies that have added cryptocurrency to their balance sheets. The company also committed to publishing weekly reports of its digital asset holdings to provide transparency for investors. Michigan Expansion Plans The Michigan campus, owned by Sentinum subsidiary Alliance Cloud Services, currently supports about 30 megawatts of power capacity. Hyperscale is pursuing a phased build-out that could increase capacity to 70 megawatts over the next 20 months. The expansion will rely on new natural gas distribution infrastructure to allow on-site power generation. The company said the long-term goal is to expand the Michigan site to about 340 megawatts, though this depends on agreements with local utilities, regulatory approvals and funding availability. The site is intended to serve enterprise AI and cloud clients deploying GPU-based infrastructure, with NVIDIA technology expected to play a central role in meeting customer demand. Dual Strategy for Growth Chief Executive Officer William B. Horne said the company’s approach is designed to balance investment in digital assets with infrastructure growth. Horne said in a statement: “With the Michigan campus positioned to become an extremely valuable asset over time, and with Bitcoin now serving as a core treasury reserve, we are building a company anchored in two of the most dynamic forces of our era: artificial intelligence and digital assets.” The company said its strategy reflects a dual focus: accumulating Bitcoin as a reserve asset while expanding the Michigan data centre to serve clients seeking advanced AI and cloud computing services.
