Deep Tide TechFlow News, February 14, According to PRNewswire, 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. The company will raise $35.4 million through the issuance of Series D redeemable perpetual preferred stock. The net proceeds will be used to increase Bitcoin holdings, purchase precious metals including gold, silver, and/or copper, and also for working capital and general corporate purposes, including repayment, refinancing, redemption, or repurchase of future debt or equity.
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Deep Tide TechFlow News, February 14, According to PRNewswire, 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. The company will raise $35.4 million through the issuance of Series D redeemable perpetual preferred stock. The net proceeds will be used to increase Bitcoin holdings, purchase precious metals including gold, silver, and/or copper, and also for working capital and general corporate purposes, including repayment, refinancing, redemption, or repurchase of future debt or equity.