According to HIVE Digital Technologies' latest earnings update, the bitcoin miner seeks $45 million in annual revenue from AI colocation at its 32-megawatt Big Boden facility in Sweden through a proposed 10-year arrangement. However, the deal remains nonbinding, with financing and final lease terms still under negotiation. CEO Aydin Kilic stated the company is not rushing into an agreement and plans to retrofit the facility for up to 10,000 Nvidia GB300 GPUs, providing approximately 25 megawatts of usable computing capacity to an unnamed, investment-grade Swedish technology company. This project is separate from HIVE's existing $185 million in contracted GPU-cloud annualized revenue.

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