
金色财经|11月 26, 2025 20:37
[HIVE Launches $300 Million Offering Plan to Expand AI Infrastructure]
According to a report by Jinse Finance, HIVE Digital Technologies has initiated an at-the-market stock offering plan of up to $300 million to enhance financial flexibility and accelerate its transition into the AI and high-performance computing sectors. Recently, the company acquired land in Canada to build a data center capable of housing over 25,000 GPUs. Its 'dual-engine' model leverages Bitcoin mining revenue to drive the expansion of computing power infrastructure. Quarterly revenue saw a year-on-year increase of 285%, while Bitcoin production grew 77% quarter-on-quarter.
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