Bitcoin Miner HIVE Eyes $45 Million in Annual Revenue From AI Deal
Bitcoin miner HIVE Digital Technologies is eyeing $45 million in annual revenue from an AI data center in Sweden, but it still hasn't secured a final lease. In its latest earnings update, HIVE reiterated that its 32-megawatt Big Boden facility could generate the sum through a long-term colocation arrangement. That revenue depends on a definitive agreement, financing, facility upgrades, and the project entering service.