GPUS slips as Hyperscale Data carves out Bitcoin mining unit
Hyperscale Data (GPUS) shares fell in morning trade after it said it plans to separate its Bitcoin mining business into a new subsidiary, Patriot BTC.
Shares of Hyperscale Data (GPUS) slipped in morning trade on Tuesday, even as Bitcoin (BTC) rallied after the company said it planned to separate its Bitcoin mining business from AI. Hyperscale Data said it was taking steps to form Patriot BTC, a new subsidiary that would hold its mining operations.