HIVE Signs LOI for AI Tenant in Sweden, Launches $100M Convertible Note Offering

Hive Digital Technologies signed a non-binding letter of intent with an unnamed Swedish technology company to lease its 32 MW data center in Boden, Sweden. The site will be retrofitted for high-performance computing colocation and AI workloads using advanced cooling technologies. Concurrently, HIVE announced a $100 million convertible note offering to fund GPU purchases and infrastructure development.

By Blockspace Staff Thu, June 25, 2026 at 7:26 PM GMT+3 2 min read · Yahoo Finance · June 25, 2026, 16:26 UTC

Tickers: $HIVE

Topics: ai_colocation convertible_notes data_center gpu_infrastructure

Read the full article at Yahoo Finance

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