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HIVE stock rallies 35% after unveiling 320MW 'AI gigafactory' project in Toronto

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The Block Editorial
(02:07 PM UTC)
1 min read
EW
Approved byEmily Watson
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HIVE shares were up over 35% on Monday morning at market open after the bitcoin miner-turned-digital infrastructure company unveiled plans for what it says could become one of Canada's largest sovereign AI "gigafactories' in the Greater Toronto Area.

Hive Digital (HIVE) stock price chart. Source: Google Finance

The company said its BUZZ High Performance Computing subsidiary is moving forward…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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