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Project Overview
Hive is a distributed data storage and computing platform, enabling users to rent their computing resources and co-locate storage and processing. Hive provides secure storage (HiveDrive) and compute (HiveCompute) services through its network, known as HiveNet.
Hive Digital to Raise $100 Million via Note Issuance, Signs LOI to Deploy Approximately 10,000 Nvidia GPUs
Odaily Bitcoin mining company and data center Hive Digital Technologies has announced it will raise $100 million through the issuance of zero-coupon exchangeable senior notes due in 2031, aiming to further expand its computing infrastructure. Additionally, the company has signed a non-binding letter of intent (LOI) with a Swedish sovereign technology firm possessing an investment-grade credit rating, intending to lease approximately 30MW of computing capacity at its data center for a term of up to 10 years. Under the agreement, Hive will deploy approximately 25MW of IT computing capacity and plans to utilize up to 10,000 Nvidia GB300 GPUs. However, the LOI currently remains subject to further negotiations and the signing of a final definitive agreement. (DataCenterDynamics)
Mining Companies Transition from Bitcoin Mining to AI, Keel and Hive Stock Prices Rise
Odaily News Keel Infrastructure and Hive Digital Technologies saw their stock prices rise on April 22. Keel completed the sale of its Paso Pe mining facility in Paraguay, securing $13 million in funds, with the aim of fully exiting the Bitcoin mining business and shifting its focus to high-performance computing and AI development in North America. Hive Digital Technologies completed a $115 million private placement, with the funds to be used for purchasing GPUs and developing data centers. The stock prices of the two companies have risen by over 40% and 31% respectively in the past month. Additionally, Core Scientific announced plans to issue $3.3 billion in high-yield bonds to fund its transition to AI infrastructure.
Related news
GSR Content Lead: Trump's 2025 Filing Period Income Exceeds Most Listed Crypto Companies
GSR Content Lead Frank Chaparro shared data on platform X, indicating that Trump's income for the 2025 filing period surpasses the performance of most listed crypto companies during the same period. Among them, Coinbase earned approximately $1.26 billion, CleanSpark earned about $365 million, IREN earned around $87 million, and Bitdeer earned roughly $66 million. In addition, Hive Digital, Bit Digital, Bitfarms, Galaxy Digital, Hut 8, and Core Scientific all recorded losses.Previously, according to Bitcoin News, Trump disclosed in his latest financial filing that he holds over $100 million worth of BTC and ETH, and reported an income exceeding $1.4 billion for the 2025 filing period.
Hive Digital to Raise $100 Million via Note Issuance, Signs LOI to Deploy Approximately 10,000 Nvidia GPUs
Odaily Bitcoin mining company and data center Hive Digital Technologies has announced it will raise $100 million through the issuance of zero-coupon exchangeable senior notes due in 2031, aiming to further expand its computing infrastructure. Additionally, the company has signed a non-binding letter of intent (LOI) with a Swedish sovereign technology firm possessing an investment-grade credit rating, intending to lease approximately 30MW of computing capacity at its data center for a term of up to 10 years. Under the agreement, Hive will deploy approximately 25MW of IT computing capacity and plans to utilize up to 10,000 Nvidia GB300 GPUs. However, the LOI currently remains subject to further negotiations and the signing of a final definitive agreement. (DataCenterDynamics)
Canadian-listed Bitcoin mining company Hive Digital sold 331 BTC in Q1, reducing its total holdings to 150 BTC.
According to BitcoinTreasuries.NET, Canadian-listed Bitcoin mining company Hive Digital (HIVE) sold 331 BTC in Q1 2026, reducing its total holdings to 150 BTC and ranking #96 on the Bitcoin 100 Holdings List.
Hive Digital sold 331 BTC in Q1, holdings drop to 150 BTC
According to BitcoinTreasuries.NET monitoring, Canada-listed Bitcoin mining company Hive Digital sold 331 BTC in the first quarter of 2026, with its total holdings currently standing at 150 BTC.
Mining Companies Transition from Bitcoin Mining to AI, Keel and Hive Stock Prices Rise
Odaily News Keel Infrastructure and Hive Digital Technologies saw their stock prices rise on April 22. Keel completed the sale of its Paso Pe mining facility in Paraguay, securing $13 million in funds, with the aim of fully exiting the Bitcoin mining business and shifting its focus to high-performance computing and AI development in North America. Hive Digital Technologies completed a $115 million private placement, with the funds to be used for purchasing GPUs and developing data centers. The stock prices of the two companies have risen by over 40% and 31% respectively in the past month. Additionally, Core Scientific announced plans to issue $3.3 billion in high-yield bonds to fund its transition to AI infrastructure.