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HIVE Shares Jump After BUZZ HPC Unveils 320 MW AI Facility Near Toronto
Yahoo Finance· 2026-05-19 00:40
HIVE Digital Technologies Ltd. (NASDAQ: $HIVE) shares climbed over 24 percent Monday after its BUZZ HPC unit unveiled a planned 320-megawatt AI infrastructure campus in the Greater Toronto Area, giving the former crypto miner a larger footprint in the public-market race for compute capacity. The company said BUZZ acquired about 25 acres across two adjacent parcels for a combined $58 million. The site includes a 21-acre main parcel purchased for $46 million and a four-acre parcel purchased for $12 million, c ...