S&P 500 futures gained 0.7%.Bitcoin Funds AI ExpansionThe company also established a Bitcoin-backed credit facility with variable interest rates expected to range from about 4.5% to 5%.Management said the strategy could reduce reliance on equity financing, limit stockholder dilution and preserve a substantial portion of its Bitcoin holdings.Contract Could Top $3 BillionThe campus supports a master services agreement with a neo-cloud AI infrastructure provider.The agreement initially covers about 20 megawatts of AI computing capacity. It has a 10-year term and two optional five-year extensions, with expected revenue exceeding $1.2 billion over the maximum term.The customer may add another 32 megawatts. If fully exercised and extended, total contract revenue could exceed $3 billion.Bitcoin Holdings And OutlookHyperscale Data recently reported holding about $71 million in Bitcoin.Executive Chairman Milton "Todd" Ault III said Bitcoin monetization and Bitcoin-backed borrowing were more attractive than issuing additional equity at current valuations."This decision does not constitute a change in our long-term conviction regarding Bitcoin," CEO William Horne said. "Instead, we believe it demonstrates the strategic value of maintaining a substantial Bitcoin treasury."Hyperscale Data expects to divest Ault Capital Group in the second quarter of 2027 and focus on data centers, high-performance computing services and digital assets.Critical GPUS Price Levels To Watch After Recent BounceDespite Thursday’s bounce, GPUS remains near the bottom of its 52-week range of 11 cents to 83 cents and is down 84.73% over the past year.The stock trades below all major moving averages: 8.3% below the 20-day SMA, 30.1% below the 50-day SMA, 25.3% below the 100-day SMA, and 45.8% below the 200-day SMA.The setup remains bearish, with the 20-day SMA below the 50-day and the 50-day below the 200-day. However, MACD is above its signal line and the histogram is positive, suggesting downside momentum is easing.The key near-term test is whether GPUS can reclaim and hold the 20-day SMA, where rebounds often stall during broader downtrends.
Hyperscale Data Sells Bitcoin Treasury Assets To Fund Its Michigan AI Campus - Hyperscale Data (AMEX:GPUS
GPUS shares rose in early Thursday trading after announcing plans to use Bitcoin funds for AI data center development.











