Hyperscale Data taps Morpho DeFi facility, borrows about $30 million against bitcoin at 4.9% rate

Reuters2026/08/05 21:52

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Hyperscale Data implemented a Bitcoin-backed DeFi borrowing facility via the Morpho Protocol, pledging part of its Bitcoin holdings as collateral.
About $30 million was outstanding as of Aug. 2, 2026, at a variable interest rate of about 4.9%.
Borrowings are overcollateralized, subject to collateral maintenance requirements, with liquidation triggers tied to collateral value.
Proceeds earmarked for development of its Michigan AI data center campus, working capital, general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hyperscale Data Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001214659-26-009663), on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Hyperscale Data taps Morpho DeFi facility, borrows about $30 million against bitcoin at 4.9% rate

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