TheEnergyMag|6月 25, 2026 11:57
JUST IN: @HIVEDigitalTech is pairing the 32MW Swedish #AI data center plan with a proposed new $100M financing.
Key points:
• Non-binding LOI for up to 10-year lease at Boden, Sweden site
• 32 MW gross utility load, about 25 MW critical IT load
• Planned retrofit for up to 10,000 Nvidia GB300 GPUs
• Rack density up to 150 kW with hybrid liquid + air cooling
• Proposed $100M 0% exchangeable senior notes due 2031
• Initial purchasers may buy up to an additional $15M
• Proceeds earmarked for GPU purchases, data center development and general corporate purposes
The plan would repurpose HIVE.N’s legacy GPU mining site in Sweden into an AI/HPC colocation facility.(TheEnergyMag)
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