Home
News
Details

Hyperscale Data Launches Equity Offering to Raise Up to $50M for Bitcoin Purchases and Data Center Development

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$88,245.80-0.02%
On December 20, Hyperscale Data, a Bitcoin custodian listed on NYSE American, announced a plan to raise up to $50 million through an equity offering. The funds will be used to buy Bitcoin, expand the company’s Michigan data center, and cover general corporate expenses. Spartan Capital Securities is handling the offering. What is clear is that the move aligns with broader crypto market activity as companies seek to grow exposure.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.