Hyperscale Data Sells Remaining 211.56 Bitcoin, Holdings Fall to Zero

According to TechFlow, on November 11, as disclosed by Bitcoin Treasuries, publicly listed company Hyperscale Data (NYSE American: GPUS) announced that it has sold all remaining 211.56 Bitcoin to repay debt and support data center construction. The company’s Bitcoin holdings have now fallen to zero.

Despite clearing its existing Bitcoin reserve, Hyperscale Data will continue operating one of its Bitcoin mining facilities. The company expects that future Bitcoin holdings will mainly come from its own mining operations rather than direct market purchases.

Source: TechFlow