CoinDesk·3 min read·medium
Quantum Solutions, Hyperscale Data tap crypto treasuries to fund AI data centers
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Francisco Rodrigues
✦AI Summary
Quantum Solutions and Hyperscale Data are liquidating portions of their cryptocurrency treasuries to fund the development of AI-focused data centers and infrastructure. Quantum has significantly reduced its Ethereum holdings to finance hardware and operational costs, while Hyperscale Data has leveraged its Bitcoin holdings to secure credit for expansion.
The move came as another crypto treasury firm, Hyperscale Data (GPUS), monetized about 100 BTC and opened a bitcoin-backed credit line for a Michigan AI data center..
businesscryptotechnologyeconomy
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