News linked to both this project and an event.
According to PR Newswire, AI data center company Hyperscale Data (NYSE: GPUS) announced the successful implementation of a Bitcoin-backed DeFi financing strategy via the Morpho protocol. As of August 2, 2026, the company has completed approximately $30 million in Bitcoin-collateralized borrowing through the protocol, with a current variable interest rate of approximately 4.9%. The raised funds will be used to support the continued construction of its Michigan AI data center campus, as well as general corporate purposes such as daily working capital. The company stated that this move aims to transform its Bitcoin treasury from a passive reserve asset into a source of low-cost growth capital, while retaining exposure to Bitcoin's long-term appreciation and reducing reliance on dilutive equity financing.
Odaily News: Bitcoin News posted on X platform that Hyperscale Data has sold 100 Bitcoin and established a Bitcoin-backed credit line to fund AI infrastructure.
BitcoinTreasuries.NET posted on X that Bitcoin-backed AI data center developer Hyperscale Data GPUS announced H1 2026 revenue of $80 million, up 57% from 2025. The company expects FY 2026 revenue of $200 million. Its BTC holdings have increased by 95% year-to-date, currently totaling 1,006 BTC.