DECRYPT · 2026-11-10 22:46 UTC

Bitcoin Miner HIVE Eyes $45 Million in Annual Revenue From AI Deal

HIVE Digital Technologies eyes $45 million in annual revenue from a colocation arrangement at its 32-megawatt Big Boden facility in Sweden, but no final lease has been signed. The proposal involves an unnamed investment-grade Swedish technology company and a lease of up to 10 years; CEO Aydin Kilic said negotiations cover deposits and termination rights, and a lender's consultant visited the site. HIVE plans to retrofit the site for up to 10,000 Nvidia GB300 GPUs, reports $185 million in contracted GPU-cloud run-rate revenue with only $40 million live, and targets about $700 million in HPC…

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