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
Hyperscale Data announced it implemented a Bitcoin-backed decentralized finance financing strategy through the Morpho Protocol, allowing it to borrow against its Bitcoin treasury at competitive variable institutional rates. As of August 2, 2026, the company had approximately $30 million outstanding under these Bitcoin-backed borrowings to support its Michigan AI data center expansion.
Why it matters — GPUS watchers would care because the company is using its Bitcoin treasury to access low-cost capital while preserving long-term Bitcoin exposure and reducing its reliance on potentially more dilutive equity financing.