HIVE Digital Technologies plans a CAD 3.5 billion, 320 MW AI gigafactory near Toronto with 100,000+ GPUs by late 2027, pivoting from crypto mining to AI.

Hive Digital Executive Chair Frank Holmes said the facility could eventually support more than 100,000 GPUs.

Hive Digital Technologies’ stock price popped after the Bitcoin miner unveiled a massive data-center buildout in Ontario, Canada.

The bitcoin mining firm continues on its investment path into AI data centers after raising $115 million to expand its global footprint in the industry.

HIVE Digital Technologies stock surged 35% after unveiling a CAD $3.5 billion, 320MW AI gigafactory in Toronto designed to host over 100,000 GPUs by 2027.

HIVE Digital Technologies announced a C$3.5B AI gigafactory in Toronto with 320 MW of power and over 100,000 GPUs, sending shares up nearly 30%.

Hive Digital Technologies announced a CAD $3.5B AI gigafactory near Toronto with 320 MW capacity and over 100,000 GPUs, targeting a 2027 launch date.

HIVE Digital Technologies plans a CAD 3.5 billion, 320 MW AI gigafactory near Toronto with 100,000+ GPUs by late 2027, pivoting from crypto mining to AI.