BTC Treasury Company Hyperscale Data Launches Equity Offering Plan with a Maximum of $50 Million in Fundraising
On December 20, according to PRNewswire, Bitcoin treasury company Hyperscale Data, listed on NYSE American under the New York Stock Exchange, announced the launch of an ATM financing plan for equity issuance, which will sell common shares periodically to raise up to $50 million. The financing plan will appoint Spartan Capital Securities as the sales agent, and the net proceeds will be used to continue purchasing Bitcoin, develop Hyperscale Data's data center in Michigan, and for general corporate purposes.
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BTC Treasury Company Hyperscale Data Launches Equity Offering Plan with a Maximum of $50 Million in Fundraising
On December 20, according to PRNewswire, Bitcoin treasury company Hyperscale Data, listed on NYSE American under the New York Stock Exchange, announced the launch of an ATM financing plan for equity issuance, which will sell common shares periodically to raise up to $50 million. The financing plan will appoint Spartan Capital Securities as the sales agent, and the net proceeds will be used to continue purchasing Bitcoin, develop Hyperscale Data's data center in Michigan, and for general corporate purposes.