Story perspectives
Shares Soar 100% as Hyperscale Data Unveils $100M Bitcoin Strategy
9/16/2025
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Story summary
- Hyperscale Data initiated a $100 million Bitcoin treasury strategy to evolve into an AI data center and digital asset firm.
- Following the announcement, shares rose over 100%, with a 30% jump in early trading.
- The treasury program will finance through the sale of Montana data center assets and an equity offering.
- The Michigan campus plans to expand from 30 MW to 70 MW in 20 months, with potential growth to 340 MW pending approvals.
- CEO William B. Horne highlighted a dual strategy to boost shareholder value.
