Wu said that AI data center company Hyperscale Data announced the launch of an at-the-market (ATM) common stock offering plan with a maximum of $50 million. The company stated that most of the funds raised will be used to purchase Bitcoin and advance its Michigan data center construction, with a small portion allocated for working capital and general corporate purposes. The stock offering will be conducted through Spartan Capital Securities as the sales agent.
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Wu said that AI data center company Hyperscale Data announced the launch of an at-the-market (ATM) common stock offering plan with a maximum of $50 million. The company stated that most of the funds raised will be used to purchase Bitcoin and advance its Michigan data center construction, with a small portion allocated for working capital and general corporate purposes. The stock offering will be conducted through Spartan Capital Securities as the sales agent.