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via CoinDesk · By CoinDesk Staff
HIVE buys $58 million Toronto plot for AI facility; shares climb
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CoinDesk Staff(03:32 PM UTC)
1 min read
The bitcoin mining firm continues on its investment path into AI data centers after raising $115 million to expand its global footprint in the industry.
HIVE Digital Technologies (HIVE) shares climbed as much as 40% Monday after the bitcoin BTC$76,866.23 mining firm said it spent $58 million buying land in Toronto to develop an industrial-scale AI center.
The land, purchased through the company's…
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