[Hyperscale Data Launches ATM Financing Plan, Aims to Raise Up to $50 Million]
NYSE American-listed company Hyperscale Data announced the launch of an equity issuance 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, developing Hyperscale Data's data center in Michigan, and for general corporate purposes, including repayment, refinancing, redemption, or repurchase of future debt or equity.