According to CoinMeta, HIVE Digital Technologies plans to transform its Swedish Big Boden data center into a AI hosting facility, which is expected to generate $45 million in revenue annually. The project intends to sign a lease of up to 10 years with a Swedish technology company, and both parties are currently negotiating the terms of the letter of intent. HIVE plans to seek project financing after signing the lease and will convert the facility to support up to 10,000 NVIDIA GB300 GPU.