Bitcoin logo (Pierre Teyssot/Getty Images)

Hyperscale Data launches bitcoin treasury, sending stock soaring

The stock is still down over 90% year to date.

9/15/25 10:32AM

One of the latest entrants to the digital asset treasury scene is Hyperscale Data, which announced the launch of a $100 million bitcoin treasury strategy “as part of its transformation into a pure play artificial intelligence (‘AI’) data center and digital asset company.” Shares jumped 108% at the open upon the announcement, and remain up over 30% in early trading Monday.

The company said it will fund the initiative with proceeds from the sale of its Montana data center assets and its previously announced ATM program.

Hyperscale also said it will expand its Michigan campus, “where customer-installed NVIDIA graphics processing unit servers are enabling advanced AI and high-performance computing workloads.”

In other bitcoin news:

Strategy acquired 525 bitcoin for $60.2 million. The company, the largest corporate bitcoin holder, now has 638,985 bitcoin.
Vivek Ramaswamy’s Strive recently merged with Asset Entities to launch a bitcoin treasury and announced it “started its life as a public company with 69 bitcoin.” The company expects to raise up to $1.5 billion from its PIPE deal if the warrants are exercised.
Chinese company Cango mined 141.1 bitcoin last week. The bitcoin mining company holds 5,418.2 tokens.
French public company Capital B acquired 48 bitcoin and now holds 2,249 bitcoin.
David Beckham-backed Prenetics, a health science company that recently launched a bitcoin treasury, acquired 13 bitcoin, bringing its total to 233.4.
Finally, bitcoin ETFs are rebounding, with $2.4 billion in inflows last week, according to CoinShares. This represents the largest weekly inflows since July. BlackRock’s iShares Bitcoin Trust remains the leader, recording $1.1 billion in weekly inflows.

$11.4B

Sage D. Young15h

The FBI revealed in a Monday press release that Americans submitted 181,565 complaints of schemes involving cryptocurrency and reported losses totaling around $11.4 billion last year, a 22% increase from 2024.

The age range most affected were people older than 60. Those in this category had the highest crypto complaint count at 44,555 with losses at $4.4 billion, per the annual report from the Internet Crime Complaint Center, a division of the FBI tasked with gathering intelligence on cybercrime.

One cybercrime the report pointed to was cryptocurrency investment fraud, which are sophisticated long-term scams using psychological manipulation, an appearance of legitimacy, and exploitation of cryptocurrencies to deceive victims into investing large sums of money.

“These scams are largely perpetrated by organized criminal enterprises based in Southeast Asia using victims of human trafficking as forced labor to run the scam operations,” per the report.

The FBI report comes as the crypto ecosystem is still reeling from a recent $270 million exploit that was planned six months in the making, a change from the initial estimate of multiple weeks.

Sage D. Young18h

Aave sinks as another service provider leaves

The native token of the largest lending protocol in DeFi has shed roughly $163 million in market capitalization, dropping nearly 11% over the past 24 hours, after news that another service provider is leaving.

Chaos Labs on Monday announced it was stepping down as a risk manager for the Aave DAO, citing concerns over V4 of the protocol and the recent exit of other core contributors.

The risk management firm, which has been contributing to Aave since November 2022, decided to end its engagement with the protocol in part because of a “fundamental misalignment on how risk should be managed at Aave,” Chaos Labs CEO and founder Omer Goldberg said on X.

The V4 protocol introduced a new smart contract code base. “When that architecture is rewritten from scratch, the risk infrastructure must follow. As a result, while the scope changed materially, the resourcing did not. Aave Labs may be comfortable with those trade-offs. We are not,” Goldberg stated.

Chaos Labs’ termination comes after service providers Aave Chan Initiative and Bored Ghosts Developing Labs announced leaving due to centralization concerns with Aave Labs, which is headed by the protocol’s founder, Stani Kulechov.

In response to Chaos Labs’ recent decision, Kulechov said, “There is no disruption to the Aave Protocol, its smart contracts, asset listings, or network deployments.” Kulechov added that Aave was not supportive of several elements of Chaos Labs’ initial proposal, such as a higher-risk management payment of $8 million.

Aave has a total value locked of over $24 billion. V4 went live at the end of March and has seen around $10 million in deposits in the first week.

Yaël Bizouati-Kennedy

Bitcoin bear

20h

Bloomberg analyst outlines all the reasons he’s sticking with his call that bitcoin will crater to $10,000

His one caveat: if it can hold the $75,000 level, bitcoin bulls may “prove him wrong.” Other experts called his prediction an “attention-grabbing extreme” and “almost unimaginable.”