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via Decrypt · By Decrypt Editorial

Another Bitcoin Miner Sells Off BTC to Fund AI Data Center Pivot

BTC

BTC/USDT

$63,090.00

-0.05%

$63,090.00

-0.05%

(24s)

24h Volume

$2,488,917,373.76

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

67.9%

Long: 67.9%Short: 32.1%

Funding Rate

+0.0026%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,133.03

▲ 0.07%

Volume (24h): -

Resistance Levels

Resistance 3$66,089.72

Resistance 2$64,397.36

Resistance 1$63,626.50

Price$63,133.03

Support 1$62,999.35

Support 2$62,275.00

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.6

Decrypt Editorial

(04:23 PM UTC)

1 min read

Updated bySarah Chen

0 comments

In brief

Hyperscale Data sold most of its Bitcoin holdings to support the expansion of its Michigan data center.
The company sold about 685 Bitcoin for roughly $43 million.
Hyperscale retained about 275 Bitcoin and plans to continue mining the cryptocurrency.

Hyperscale Data has sold most of its Bitcoin holdings to help finance the expansion of its Michigan data center.

In an announcement on…

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