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Hyperscale Data sells 685 bitcoin for $43 million to fund Michigan AI data center

8/16/2026

The AI infrastructure buildout is pulling corporate bitcoin positions into the capex cycle.

Hyperscale Data sold 685 $BTC for approximately $43 million, directing the proceeds toward debt reduction and its Michigan AI data center.

From a market structure standpoint, a 685-coin liquidation is large enough to matter in a thin session. The disclosure names the dollar amount but not when the sale occurred or how it was executed.

That gap leaves the cost basis and any spot market impact unattributed.

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