Mining

HIVE Digital Set to Acquire Data Center Facility in Sweden to Expand Its Global Presence

To increase its BTC mining capacity, HIVEDigital is buying a data center site in Sweden.

Canada-headquartered BTC mining company HIVE Digital has announced its intention to buy an additional data center facility that is located in Sweden. It has been revealed that for this strategic acquisition, the company will with cash (up to $750 000) and equity (up to $1.5 million).

HIVE Digital is planning to use this site to increase its Bitcoin mining capacity.

To be continued.

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