AiCoin|Nov 10, 2026 22:49
[HIVE Plans to Transform Swedish Data Center into AI Hosting Facility]
HIVE Digital Technologies plans to transform its Big Boden data center in Sweden into an AI hosting facility, projected to generate $45 million in revenue annually. The project intends to sign a lease of up to 10 years with a Swedish technology company, and the two parties are currently negotiating the terms of a letter of intent.
HIIVE plans to seek project financing after signing the lease and will upgrade the facility to support up to 10,000 Nvidia GB300 GPUs. (Source: Decrypt)
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