BUZZ HPC, a HIVE Digital subsidiary, plans a CAD $3.5B AI gigafactory in the Greater Toronto Area with 320 MW capacity and over 100,000 GPUs by late 2027.

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.