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Hyperscale Data has sold the last of its bitcoin, the NYSE American-listed company said Tuesday, unloading about 211.56 BTC for roughly $16 million to pay down debt and fund an AI data center in Michigan.
The sales were completed by Nov. 8 at about $76,000 per coin. Since it first sold part of its reserve in late July, Hyperscale has sold approximately 1,113 bitcoin for about $74.4 million, the company said.
That works out to an average of roughly $66,800 per coin. At today’s price near $74,200, the same 1,113 BTC would be worth about $82.6 million.
The company, which trades under the ticker GPUS, said the money will go toward its Michigan site, where it aims to energize the first 10…
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