According to online reports, Hyperscale Data, a diversified holding company listed on the New York Stock Exchange, announced the launch of the "At-The-Market (ATM)" stock issuance plan, which plans to raise US$125 million from the sale of its common shares. The relevant common shares will be funded by Wilson-Davis & Co., Inc. issued and acted as a sales agent, and part of the proceeds from the fundraising amount will be used to purchase Bitcoin and expand its Michigan data facilities, another portion will be used to purchase XRP, and the rest will be used for working capital and general corporate purposes, which may include repayment, refinancing, redemption or repurchase of future debt or capital stocks.