HIVE signs non-binding LOI for up to 10-year colocation lease at Boden facility with Swedish tech company

HIVE Digital Technologies Ltd.

Signed non-binding LOI with an investment-grade Swedish tech co. for up to 10-year lease of its 32 MW Boden facility (25 MW critical IT load).
Facility retrofit planned for up to 10,000 GB300 GPUs using hybrid direct-to-chip liquid and air cooling at densities up to 150 kW per rack.
Company expects long-term colocation lease to generate significant annual recurring revenue and stable cash flows if definitive agreement is signed.

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