News linked to both this project and an event.
U.S. publicly traded data center company Hyperscale Data (GPUS) announced plans to establish a new subsidiary, Patriot BTC, which will house the Montana data center, Bitcoin mining machines, and related mining infrastructure, separating the Bitcoin mining operations from the Michigan AI data center project. Hyperscale Data stated that management is evaluating the possibility of making Patriot BTC a publicly traded entity through a spin-off or other transactions. Currently, the new subsidiary has not yet been officially established, and the specific transaction structure has not been approved.
Nasdaq-listed AI data center company Hyperscale Data, Inc. disclosed its latest Bitcoin holdings. The company added 67 Bitcoins between June 30 and July 1. After this increase, its total Bitcoin holdings have grown to approximately 849, continuing to advance its corporate Bitcoin reserve strategy. (Prnewswire)