EL7.AI
CryptoMediumUpdated×3•Originally published 16 April 2026•Updated 18 April 2026•
1 min read

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

Key Facts

1Bitcoin miner HIVE plans to raise $75 million to expand GPU capacity and data centers.
2The company aims to scale its high-performance computing (HPC) business beyond cryptocurrency mining.

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.