BTC Financial Company Hyperscale Data has launched an equity issuance plan to raise up to 50 million USD

Hyperscale Data, a Bitcoin treasury company listed on NYSE American under the New York Stock Exchange, announced the launch of an equity issuance ATM financing plan to periodically sell common stock to raise up to $50 million. This financing plan will appoint Spartan Capital Securities as the sales agent, and the net proceeds from the fundraising will be used to continue purchasing Bitcoin, as well as to develop Hyperscale Data's data center located in Michigan, and for general corporate purposes.