On November 11, 2026, TechFlow reported, citing Decrypt, that bitcoin mining company HIVE Digital Technologies said its Big Boden data center in Sweden could generate $45 million a year through a long-term AI hosting arrangement.
The figure is prospective, not booked revenue. As relayed, it depends on a formal agreement, project financing, a completed facility conversion, and the site actually entering operation.
The other party is an unnamed Swedish technology company. The proposed lease would run as long as 10 years. A letter of intent signed in June is non-binding, and the sides were still negotiating terms that include deposits and termination rights. HIVE planned to seek project financing only after a lease was signed. The discussed retrofit would support as many as 10,000 NVIDIA GB300 GPUs.
What the report puts on record is a company projection attached to an unidentified tenant and an unsigned arrangement. A closed contract, committed financing, a finished build-out, and operating AI revenue are not established there.
Source: TechFlow, November 11, 2026, citing Decrypt.
