Hyperscale Data Reduces Debt by $30 Million, Strengthening Capital Structure to Advance AI and Bitcoin Operations
Earlier this week, Hyperscale Data announced an order for 1,000 new Bitmain Antminer S21+ units for the Michigan facility as part of a multi-phase upgrade program to replace older Bitcoin miners with current- generation models that deliver more than double the hash rate per unit of power consumed. The Company plans to install up to 5,000 S21+ miners across approximately 20 MW of capacity, significantly enhancing its operational efficiency and Bitcoin output. "We are aligning operational performance with a s ...