Bitcoin Holdings Firm Repays Loans, Faces Cash Shortage
Hyperscale Data sold Bitcoin to clear DeFi loans but warns its cash reserves are insufficient for the next year, raising going-concern doubts.
21 days ago2 min
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Hyperscale Data sold Bitcoin to clear DeFi loans but warns its cash reserves are insufficient for the next year, raising going-concern doubts.
Soluna Holdings saw Q2 revenue jump 145% fueled by data center expansion, but profitability declined due to increased costs and acquisitions.
Empery Digital is divesting its Bitcoin holdings to finance the development of artificial intelligence data centers, signaling a strategic pivot.