According to Wu, NYSE-listed company Hyperscale Data Inc. (NYSE: GPUS) announced the establishment of an "at-the-market" stock issuance plan to issue up to $125 million in common stock through Wilson-Davis & Co., Inc. Most of the net proceeds will be used to purchase Bitcoin and develop the Michigan data center, with a small portion allocated for purchasing XRP, working capital, and general corporate purposes, including debt repayment or stock buybacks. The company operates data center Mining through its subsidiary Sentinum and provides AI ecosystem hosting services.