Mon, Sep 15, 2025, 10:35 AM 3 min read
Hyperscale Data launched a $100 million Bitcoin treasury strategy while pivoting to AI and digital assets.
According to a recent announcement, the Las Vegas-based company will fund the initiative through Montana data center asset sales and equity offerings.
Meanwhile, Hyperscale plans to expand its Michigan campus from 30 MW to potentially 340 MW for AI and cloud computing operations.
The move positions Bitcoin as a primary treasury reserve, as the company already holds $1.33 million in digital assets, representing 11.9% of its market capitalization, through its mining operations.
Hyperscale’s subsidiary Sentinum has operated a Bitcoin mining business for years, creating what CEO William B. Horne called “a foundation of operational expertise in digital assets” that supports the MicroStrategy-style treasury approach.
The company currently holds 11.1159 Bitcoin, worth approximately $1.23 million as of September 8, all of which was earned through mining rather than market purchases.
Previous announcements revealed an aggressive accumulation timeline, including a September 2 plan to add $20 million in Bitcoin and September 5 reports showing holdings reaching 8.1% of market capitalization.
Hyperscale will fund the $100 million program through proceeds from selling Montana data center land leases and power contracts, combined with its at-the-market equity offering.
The company announced plans to divest two 10 MW Montana properties to concentrate resources on its Michigan flagship campus.
Sentinum built and operates a fully functional data center on a single Montana property, having conducted crypto mining operations since acquiring the lease and power agreements in February 2023.
The strategic focus shift allows Hyperscale to direct capital and management attention toward Michigan, where the company expects substantially higher long-term asset values.
“This marks a pivotal moment in Hyperscale Data’s evolution,” Horne stated, explaining the company is “building a company anchored in two of the most dynamic forces of our era: artificial intelligence and digital assets.”
Notably, the Michigan facility expansion represents a parallel growth strategy, with the current 30 MW capacity advancing to 70 MW over 20 months through the use of natural gas infrastructure, which enables on-site generation.
The ultimate expansion goal is 340 MW capacity. However, it is subject to utility agreements, regulatory approvals, and appropriate funding for enterprise AI and cloud clients deploying GPU-based systems.
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