Hyperscale Data converted about 150.5 BTC into $9.6 million in a single week, while Cipher posted a $267.5 million net loss and a 29% quarterly drop in mining revenue. Cipher Digital and Hyperscale Data have become the latest to cash out to fund AI data centers. An increasing number of miners have been letting go of their Bitcoin holdings to fund a pivot into AI data centers, and just a few days into August, more Bitcoin has been sold for the same purpose. Cipher Digital (NASDAQ: CIFR) and Hyperscale Data (NYSEAMERICAN: GPUS) are the latest miners to sell Bitcoin. Cipher’s mining revenue slid as the data center bet piled up lossesCipher Digital, formerly Cipher Mining, released its second-quarter revenue figures on August 4.