HIVE Digital Technologies Ltd (NASDAQ:HIVE) is one of the crypto stocks with immense upside potential. On March 16, HIVE Digital Technologies Ltd (NASDAQ:HIVE) announced a large enlargement of its liquid‑cooled AI information halfway capableness successful Canada, scaling from 4 MW to 16.6 MW done its BUZZ High Performance Computing portion and a concern with Bell Canada AI Fabric.
Photo by Jason Briscoe connected Unsplash
The caller British Columbia installation adds 5 MW immediately, with country to turn different 7.6 MW, portion Manitoba continues astatine 4 MW with 504 GPUs already deployed. HIVE expects to rotation retired 4,000 AI‑optimized GPUs wrong six months, targeting $200 cardinal successful contracted annualized gross by 2027.
At the aforesaid time, HIVE is winding down its ASIC‑based Bitcoin mining operations successful Sweden, citing regulatory disputes and taxation enforcement actions. The institution is converting its 7 MW Boden tract into a Tier‑III GPU clump hub built connected NVIDIA GB300 architecture, signaling a strategical pivot from accepted crypto mining toward high‑performance computing and AI workloads. Despite antagonistic escaped currency travel implicit the past year, HIVE emphasized that nary caller superior expenditures are required for the expansion, underscoring its displacement from volatile crypto hashrates to much unchangeable GPU‑driven gross streams.
On March 13, HIVE Digital Technologies Ltd. announced a strategical collaboration with AMC Robotics to beforehand next‑generation AI‑driven robotics and scalable infrastructure. AMC has already begun leveraging HIVE’s GPU unreality resources for development, testing, and deployment, with some companies exploring opportunities successful AI optimization and information processing.
HIVE Digital Technologies Ltd. (NASDAQ:HIVE) builds and operates green-energy-powered information centers to enactment Bitcoin mining and Artificial Intelligence (AI) High-Performance Computing (HPC). It is recognized arsenic a person successful sustainable integer infrastructure, utilizing hydroelectric and geothermal powerfulness successful countries similar Canada, Sweden, and Paraguay.
While we admit the imaginable of HIVE arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double successful 3 Years and 15 Stocks That Will Make You Rich successful 10 Years
Disclosure: None. Follow Insider Monkey connected Google News.

1 hour ago
1





English (CA) ·
English (US) ·
Spanish (MX) ·