debt
confidence high
sentiment neutral
materiality 0.65
Hyperscale Data borrows $30M via Bitcoin-backed DeFi facility at ~4.9% variable rate
Hyperscale Data, Inc.
- As of Aug 2, 2026, $30M outstanding under overcollateralized Bitcoin-backed borrowings via Morpho Protocol.
- Variable interest rate currently ~4.9%; borrowings secured by portion of Bitcoin holdings.
- Proceeds to fund Michigan AI data center campus development and general corporate purposes.
- Company retains economic exposure to Bitcoin unless collateral is liquidated due to failure to meet maintenance requirements.