# Bitcoin Miner HIVE Eyes $45 Million in Annual Revenue From AI Deal

- URL: https://talkfuse.com/story/bitcoin-miner-hive-eyes-45-million-in-annual-revenue-from-ai-deal/
- Published: 2026-11-10T22:46:02+00:00
- Updated: 2026-11-10T23:22:07+00:00
- Original publisher: Decrypt
- Original article: https://decrypt.co/382982/bitcoin-miner-hive-eyes-45-million-ai-data-center
- Topics: AI, Business, Crypto, Technology

## Key points

- HIVE’s Swedish AI data centre could bring in $45 million a year.
- The proposal still needs a signed lease and financing.
- The Boden facility could support up to 10,000 Nvidia GPUs.

## Summary

HIVE Digital Technologies says its proposed AI data centre in Boden, Sweden, could generate $45 million in annual revenue, but negotiations have not produced a final lease. The deal matters to HIVE’s effort to expand beyond Bitcoin mining, though the projected income depends on financing, upgrades and the facility entering service.

The 32-megawatt site could be fitted with liquid cooling and up to 10,000 Nvidia GB300 GPUs, providing the proposed customer with about 25 megawatts of computing capacity. HIVE is negotiating lease terms with an unnamed investment-grade Swedish technology company, and expects to seek financing after an agreement is signed. It reports $185 million in contracted annualised GPU-cloud revenue, of which $40 million is live, and is targeting about $700 million in high-performance computing revenue by the end of 2028.

---
Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.