Hyperscale Data shares slide after Aug. 14 sale of about 685 Bitcoin for roughly $43 million

Hyperscale Data (GPUS) disclosed the sale of ~685 BTC (~$43M) to fund AI-focused data center expansion and balance-sheet actions, alongside a 1-for-5 reverse split. The twin announcements triggered a sharp equity drawdown, highlighting financial strain and miner business-model pivots from BTC accumulation toward AI infrastructure. While management frames the sale as tactical and intends to keep mining, near-term sentiment around funding needs and dilution optics is negative.