---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-26-009663"
form_type: "8-K"
ticker: "GPUS"
cik: "0000896493"
company_name: "Hyperscale Data, Inc."
filed_at: "2026-08-05T20:30:24+00:00"
generated_at: "2026-08-05T20:31:23.736035+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hyperscale Data borrows $30M via Bitcoin-backed DeFi facility at ~4.9% variable rate

## Summary
- 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.

## SEC filing metadata
- accession: 0001214659-26-009663
- form_type: 8-K
- ticker: GPUS
- cik: 0000896493
- company_name: Hyperscale Data, Inc.
- filed_at: 2026-08-05T20:30:24+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/896493/000121465926009663/0001214659-26-009663-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/896493/000121465926009663/x842618k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-26-009663
- JSON: https://secwatch.observer/filing/0001214659-26-009663.json
- Plain text: https://secwatch.observer/filing/0001214659-26-009663.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.