[HIVE Plans Private Placement of $75 Million Convertible Senior Notes] Foresight News reports that publicly listed Bitcoin mining company HIVE Digital Technologies has announced a private placement of $75 million in 0% convertible senior notes, maturing in 2031. The funds will be used for GPU procurement, data center expansion, and general corporate purposes. The company has also received conditional approval from the Toronto Stock Exchange and expects its shares to transition from the TSX Venture Exchange to the TSX Exchange around April 30. Meanwhile, the company has been adjusting parts of its business to focus on high-performance computing and artificial intelligence workloads. In March of this year, HIVE stated that due to a tax dispute with the local government in Sweden, it would gradually cease ASIC-based Bitcoin mining operations at its facility in Boden, Sweden. The facility will be upgraded into a Tier 3 high-performance computing data center aimed at supporting GPU clusters.