One company sold its last 211 bitcoin at $76,000. Strategy bought 1,036 at $79,012
Hyperscale Data says it has sold all its bitcoin, about 1,113 BTC since July. Strategy kept buying, but spent more than twice as much buying back its own preferred stock. Bitcoin now trades at $68,521.
Key points
- Hyperscale Data sold its remaining 211.56 BTC by November 8 at about $76,000 each, for about $16.0 million, its November 10 release says.
- Strategy bought 1,036 BTC from November 2 to 8 at an average $79,012 and now holds 850,364 BTC, its 8-K shows.
- At $68,521 on CoinGecko, Strategy's coins are worth about $58.27 billion, roughly $5.89 billion below their $64.16 billion cost.
- CoinGecko's company list still shows Hyperscale Data holding 1,106 BTC.
The seller
Hyperscale Data (NYSE American: GPUS), an AI data center company, said on November 10, 2026, at 6:30 a.m. ET that it had sold its remaining bitcoin: about 211.56 BTC at roughly $76,000 each, for about $16.0 million. It said it has now sold about 1,113 BTC since late July for about $74.4 million, or about $66,850 per coin on average.
The money goes to paying down debt and building its Michigan AI data center. Chief executive Will Horne said the sale "reduces our exposure to Bitcoin price swings." The company still mines bitcoin at its Montana site.
The release gives no wallet addresses, so the sales cannot be traced on-chain. CoinGecko's public treasury list still showed Hyperscale Data with 1,106 BTC at 12:47 a.m. ET on November 13.
The buyer
Strategy (Nasdaq: MSTR) filed an 8-K showing it bought 1,036 BTC from November 2 to 8 for $81.9 million, an average of $79,012 each. It now holds 850,364 BTC, bought for $64.16 billion in total at an average of $75,456.
Strategy paid by selling 2,051,348 MSTR shares for $283.8 million. Only $81.9 million of that went to bitcoin. It used $188.3 million to buy back its STRC preferred stock and kept $13.6 million as cash.
Where Strategy's $283.8 million share sale went, November 2 to 8
US$ million
Source: Strategy 8-K
Where the price is now
Bitcoin traded at $68,521 on CoinGecko at 12:45 a.m. ET on November 13, down 6.7% in a day and 9.6% in a week. That is about $7,500 below Hyperscale Data's last sale price and $10,491 below what Strategy paid last week. At that price Strategy's 850,364 BTC are worth about $58.27 billion, around $5.89 billion less than they cost.
LC Insight analysis
This section is our reading of the facts above, not a statement of fact.
- We think Hyperscale Data's exit shows how a smaller company with debt and a building project treats bitcoin as cash to draw on when funding is tight.
- Strategy's choice to spend more on preferred stock buybacks than on bitcoin is worth watching. It suggests the company is also managing its own securities, not only adding coins.
- Both moves came before bitcoin's latest drop, so the seller looks better timed this week, but one week says little about either strategy.
What's next
- Hyperscale Data's 10-Q, which it expects to file by November 23
- Strategy's next weekly 8-K
- Whether CoinGecko updates Hyperscale Data's listed holdings
- Bitcoin against $75,456, Strategy's average cost
Disclaimer. This article is based on public information and the sources listed below as of the update time shown. It is for information only and is not investment, legal or tax advice. Figures may change as companies and authorities publish new data.
