Hyperscale Data Establishes Bitcoin-Backed DeFi Financing Program Through Morpho Protocol; Current Borrowings Approximately $30 Million at 4.9% to Support Michigan AI Data Center Expansion
AI-summarised brief · reviewed before publication
Hyperscale Data, Inc., an AI data‑center operator listed on NYSE American, announced that it has activated a Bitcoin‑backed decentralized‑finance (DeFi) borrowing program through the Morpho Protocol. As of August 2, 2026 the company holds roughly $30 million of outstanding loans secured by a portion of its Bitcoin treasury, carrying a variable interest rate of about 4.9 percent. The proceeds are earmarked for expanding the firm’s Michigan AI‑data‑center campus, working capital and other corporate needs, while the firm retains ownership of the collateralized Bitcoin. Executives say the arrangement converts a passive reserve into a low‑cost liquidity source, reducing dependence on traditional debt or equity financing and preserving exposure to Bitcoin’s long‑term price appreciation. The initiative makes Hyperscale Data among firms to use DeFi for financing.
💡 Why It Matters
- · By tapping DeFi, Hyperscale Data proves corporate treasury assets can fund growth without diluting shareholders, setting a template for crypto‑rich companies seeking cheaper capital.