HIVE Digital expands its presence in Sweden by acquiring a 32 megawatt (MW) data center facility, according to reporting by multiple outlets. The acquisition follows the company’s long-term tenancy of the site: HIVE Digital has been a tenant at the facility for roughly eight years before purchasing it. The deal is described as increasing HIVE Digital’s ownership and operational footprint in Sweden and adds capacity associated with the 32 MW property. While the sources highlight the expansion and the transition from tenant to owner, they do not provide consistent additional deal specifics in the excerpts provided, such as the purchase price, expected commissioning or upgrade timelines, or any changes to customer contracts. The reporting, however, aligns on the core elements: HIVE Digital buys the Swedish data center, the facility size is 32 MW, and the company has previously operated there as a tenant for about eight years. The move is framed as part of HIVE Digital’s broader data center growth strategy.
HIVE Digital acquires 32 MW Swedish data center to expand footprint
HIVE Digital expands its presence in Sweden by acquiring a 32 megawatt (MW) data center facility, according to reporting by multiple outlets. The acquisition follows the company’s long-term tenancy of...
2 sources
20 hours ago
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Key Points
- HIVE Digital acquires a data center facility in Sweden.
- The acquired facility has a capacity of 32 MW.
- HIVE Digital has been a tenant at the Swedish site for about eight years before the acquisition.
- The transaction is presented as an expansion of HIVE Digital’s Swedish footprint.
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