HIVE Digital Technologies to acquire Toronto data center

  • HIVE Digital Technologies (TSX-V:HIVE, NASDAQ:HIVE) has signed a deal to acquire a data center facility in Toronto with approximately 7.2 megawatts of installed capacity. The company said the purchase, made through its wholly owned subsidiary BUZZ High Performance Computing Inc., will support large-scale AI training, inference, and cloud services aimed at Canadian enterprises, government programs, and researchers.