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HIVE Digital Technologies approved to buy 32MW data center in Boden, Sweden, shifting from lease to ownership.

Company Fundamentals
18 Jun 2026
Proactive Investors
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Bullish
pluang ai news

HIVE Digital Technologies has received approval from the Boden Municipal Council to acquire the 32-megawatt Big Boden data center in Sweden, where it has operated since 2018. This acquisition will allow HIVE to own the facility outright rather than leasing it, reinforcing its long-term commitment to the region. The company plans to upgrade the data center to Tier III standards to support advanced AI and high-performance computing workloads. This move aligns with HIVE's strategy to build sovereign AI infrastructure and strengthens Boden's position as a hub for sustainable digital technology.

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