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 loans through the protocol, with a current variable interest rate of approximately 4.9%. The proceeds will be used to support the ongoing construction of its Michigan AI data center campus and for general corporate purposes, including working capital. The company stated that this move aims to transform its Bitcoin holdings from passive reserve assets into a low-cost source of growth capital, while maintaining exposure to Bitcoin’s long-term appreciation and reducing reliance on dilutive equity financing.
Hyperscale Data Borrows $30M Through a Bitcoin-Backed DeFi Protocol
TechFlowShare
Summary
Hyperscale Data (NYSE: GPUS) borrowed $30 million through the Bitcoin-backed DeFi protocol Morpho at an interest rate of 4.9%. The loan will finance its Michigan AI data center and corporate operations. A recent protocol update enhanced the platform’s lending efficiency. Last week’s inflation data indicated stable macroeconomic conditions, supporting ongoing DeFi borrowing trends.
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