HIVE Digital to Raise $75 Million for AI and Data Center Expansion
HIVE Digital Technologies (HIVE) plans to raise $75 million through exchangeable senior notes to fund AI and data center growth. The notes carry 0% interest and can be converted into shares or cash by 2031. The company will use the funds for corporate growth, data center development, and GPU purchases.
Tickers: $HIVE
Topics: AI Corporate Growth Data Centers Debt Offering Fundraising