Hyperscale Data Launches Bitcoin-Backed DeFi Financing Program via Morpho Protocol
Hyperscale Data, Inc. (NYSE American: GPUS) has launched a decentralized finance (DeFi) financing program using the Morpho Protocol to borrow against its Bitcoin treasury. As of August 2, 2026, the company had approximately $30 million in outstanding borrowings at an interest rate of around 4.9%. The funds are being used for the expansion of its Michigan AI data center and general corporate purposes. This strategy allows Hyperscale Data to access low-cost capital while maintaining long-term Bitcoin exposure without liquidating assets or relying heavily on equity financing, which could be dilutive. By leveraging DeFi protocols like Morpho, the company aims to transform its Bitcoin holdings from a passive reserve into an active source of liquidity. The move reflects Hyperscale Data's evolving approach to capital allocation and highlights growing institutional adoption of Bitcoin-backed lending as a corporate finance tool.
Tickers: $GPUS
Topics: Bitcoin capital allocation data centers DeFi financing