Hyperscale Data Secures $30M Bitcoin‑Backed DeFi Loan for Michigan AI Center

Hyperscale Data, Inc. (NYSE American: GPUS) obtained roughly $30 million by borrowing against its Bitcoin treasury through the Morpho Protocol, a decentralized‑finance platform. The loan carries a variable interest rate of about 4.9% and allows the company to retain ownership of the pledged Bitcoin while avoiding dilutive equity financing.

The proceeds are earmarked for the construction and expansion of the company's AI‑focused data center campus in Michigan, as well as for general working capital and other corporate initiatives. The financing strategy is presented as a way to unlock liquidity from digital‑asset reserves without liquidating them.

Following the announcement, GPUS shares fell 2.44% in regular trading before recovering 0.67% in pre‑market activity.