Hyperscale Data plans to expand Bitcoin-backed DeFi borrowing via Morpho to fund Michigan AI data center buildout

Reuters2026/08/03 09:45

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Hyperscale Data set a plan to fund Michigan AI data center expansion by borrowing against its Bitcoin treasury via Morpho Protocol.
Strategy targets low-cost, variable-rate liquidity while keeping long-term Bitcoin exposure, aiming to reduce reliance on more dilutive equity financing.
Program targets a disciplined balance between unencumbered Bitcoin holdings and Bitcoin-backed borrowings to preserve financial flexibility for growth.
As of Aug. 2, 2026, borrowings totaled about $30 million at a variable rate of about 4.9% to support buildout, working capital.
Plan includes evaluating additional Bitcoin-backed financing and other treasury strategies to support long-term growth and stockholder value.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyperscale Data Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608030545PR_NEWS_USPR_____SF17379) on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Hyperscale Data plans to expand Bitcoin-backed DeFi borrowing via Morpho to fund Michigan AI data center buildout

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