Hyperscale Data Borrows $300M Against Bitcoin Reserves for AI Expansion

Hyperscale Data secures $300M via Morpho Protocol using Bitcoin collateral at 4.9% interest, funding Michigan AI data center expansion while retaining BTC exposure.

Woofun AI reports that Hyperscale Data has established a Bitcoin collateral DeFi financing program through the Morpho Protocol. As of August 2, the company borrowed approximately $300 million against its Bitcoin reserves, with a floating interest rate of about 4.9%. The proceeds are designated for expanding an AI data center in Michigan and supplementing working capital, while the firm maintains long-term price exposure to the collateralized Bitcoin.