---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-26-002783"
form_type: "8-K"
ticker: "HIVE"
cik: "0001720424"
company_name: "HIVE Digital Technologies Ltd."
filed_at: "2026-05-19T00:01:20+00:00"
generated_at: "2026-05-19T10:05:31.626025+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# HIVE subsidiary BUZZ HPC acquires 25 acres near Toronto for $58M, plans 320 MW AI gigafactory

## Summary
- Acquired 21-acre main parcel ($46M) and adjacent ~4-acre parcel ($12M) with 320 MW power allocation in GTA.
- Planned AI gigafactory targets second half 2027 online; capital investment ~CAD $3.5B.
- At full build-out will host over 100,000 GPUs and create 800+ construction jobs plus hundreds of permanent roles.
- HIVE now has over 850 MW of power globally (450 MW operating + 400 MW pipeline for 2027).
- BUZZ already has 5,500 GPUs online doing AI compute plus 70 MW New Brunswick site.

## SEC filing metadata
- accession: 0001062993-26-002783
- form_type: 8-K
- ticker: HIVE
- cik: 0001720424
- company_name: HIVE Digital Technologies Ltd.
- filed_at: 2026-05-19T00:01:20+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1720424/000106299326002783/0001062993-26-002783-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1720424/000106299326002783/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-26-002783
- JSON: https://secwatch.observer/filing/0001062993-26-002783.json
- Plain text: https://secwatch.observer/filing/0001062993-26-002783.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.