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HIVE signs LOI for up to 10-year lease of 32 MW Boden facility in Sweden for HPC colocation.

Company Fundamentals
25 Jun 2026
Newsfile Corp
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Bullish
pluang ai news

HIVE Digital Technologies has signed a non-binding letter of intent with a sovereign Swedish tech company for up to a 10-year lease of its 32 MW Boden facility in Sweden. The facility, approved for acquisition by the Boden Municipal Council, will be retrofitted to support high-performance computing (HPC) with up to 10,000 GB300 GPUs using advanced cooling technology. This deal reflects HIVE's long-term commitment to the region and is expected to generate significant recurring revenue and stable cash flow. The agreement highlights the growing importance of sovereign AI infrastructure and HIVE's strategic expansion in global markets.

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