Hive secures customer to lease 30MW in Boden, Sweden
Summary
<p>Crypto, cloud, and data center firm signs LOI with investment-grade, sovereign Swedish technology company</p>
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Today @HIVEDigitalTech announced a non-binding LOI with an investment-grade sovereign Swedish technology company for a lease of up to 10 years at its 32 MW Boden, Sweden data center.
— Anthony P⭕️wer (@cazenove_uk) June 25, 2026
The agreement contemplates approximately 25 MW of critical IT capacity for high-performance… pic.twitter.com/wq4Sa5IQbw
🚨 @HIVEDigitalTech signs HPC colocation LOI with investment-grade sovereign Swedish client — Boden retrofit to support up to 10,000 GB300 GPUs 🚨
— McNallie Money (@McnallieM) June 25, 2026
⚡ Up to 10-year lease LOI — non-binding, with an investment-grade sovereign Swedish technology client for the 32 MW Boden facility,… https://t.co/YmlJ5cBbNj
When we first raised $115M at 0% coupon, we gave investors our target: $200M ARR in GPU AI cloud revenue by Q4 2026.
— HIVE Digital Technologies (@HIVEDigitalTech) June 25, 2026
We were at $35M in Q1.
We're at $105M contracted today.
HIVE is executing and on pace.https://t.co/J7z3vPjS4x