Hyperscale Data launches ATM financing plan, aiming to raise up to $50 million
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NYSE American-listed company Hyperscale Data has announced the launch of an equity offering ATM financing plan, aiming to raise up to $50 million through periodic sales of common stock. The net proceeds from the fundraising will be used to continue purchasing bitcoin, develop Hyperscale Data's data center in Michigan, and for general corporate purposes, including repayment, refinancing, redemption, or repurchase of future debt or equity.
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