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CryptoMediumUpdated×3•Originally published 16 April 2026•Updated 17 April 2026•

1 min read

HIVE Digital Upsizes Offering to $100 Million for AI Infrastructure Expansion

A glowing, wireframe globe with "$2.2 BILLION FTX PAYOUT" text, surrounded by digital financial charts on an orange background, with Bitcoin and Ethereum symbols.

Key Facts

1Bitcoin miner HIVE plans to raise $75 million to expand GPU capacity and data centers.

about 2 months ago

Version History

1 additional source confirmed this story

Version 3about 2 months ago

What changed: Added information regarding the company receiving conditional approval to list its common shares on the Toronto Stock Exchange (TSX) by late April.

Version 2about 2 months ago

What changed: Updated the story to reflect the upsized offering from $75 million to $100 million and included specific terms such as the 0% interest rate and 2031 maturity date.

Version 1about 2 months ago

What changed: Specified the financing instrument as 'exchangeable senior notes' and noted the subsequent decline in stock price.

HIVE Digital Technologies has upsized its private offering to $100 million to fund its strategic expansion into high-performance computing (HPC) and AI infrastructure. The company priced its exchangeable senior notes at a 0% interest rate with a 2031 maturity to significantly increase GPU capacity. In a significant corporate update, HIVE has received conditional approval from the Toronto Stock Exchange (TSX) to list its common shares, with the listing expected around April 30. This move is designed to enhance liquidity and investor access as the company scales its GPU-as-a-Service offerings. Analysts view the TSX listing and the capital injection as pivotal steps in diversifying revenue beyond Bitcoin mining. The transition positions HIVE to capture long-term growth within the evolving AI and high-growth technology ecosystems.