Techub News: Hyperscale Data, a Bitcoin treasury company listed on NYSE American under the New York Stock Exchange, announced the launch of an ATM equity issuance plan, raising $35.4 million through the issuance of Series D redeemable perpetual preferred stock. The net proceeds will primarily be used to increase Bitcoin holdings, purchase precious metals such as gold, silver, and/or copper, and for working capital and general corporate purposes, including debt repayment, refinancing, redemption, or repurchase of future debt or equity.
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Techub News: Hyperscale Data, a Bitcoin treasury company listed on NYSE American under the New York Stock Exchange, announced the launch of an ATM equity issuance plan, raising $35.4 million through the issuance of Series D redeemable perpetual preferred stock. The net proceeds will primarily be used to increase Bitcoin holdings, purchase precious metals such as gold, silver, and/or copper, and for working capital and general corporate purposes, including debt repayment, refinancing, redemption, or repurchase of future debt or equity.