Newsfile Corp
18 Jun 2026, 05:00 UTC · 4h ago
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HIVE Digital Technologies is acquiring the 32 MW Big Boden data center in Sweden, transitioning from tenant to owner. — Ownership of critical infrastructure reduces long-term operational risk and provides full control over capacity expansion for AI and HPC workloads.
+0.60HIVE plans to upgrade the Big Boden facility to Tier III infrastructure standards to support NVIDIA's latest GPU architectures for AI training and inference. — Upgrading to Tier III standards makes the facility viable for high-margin enterprise AI clients, diversifying revenue beyond crypto mining.
+0.50The acquisition of the Big Boden site has received approval from the Boden Municipal Council. — Removes a primary regulatory hurdle, increasing the certainty of the deal closing.
+0.20Which stocks this story touches
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The company secured approval to acquire its main Swedish data center, transitioning from tenant to owner and expanding its AI infrastructure capabilities.
Mentioned as the provider of GPU architectures that HIVE will support, indicating continued demand for its hardware.
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