Bitcoin miner Hive opens door to $300 million stock sales after record quarter
Quick Take HIVE is leaning harder into AI-focused infrastructure, including plans for a new data center campus in New Brunswick, Canada, designed to host more than 25,000 GPUs. The miner’s “dual-engine” strategy of using bitcoin mining cash flow to fund hyperscale compute buildouts is becoming a bigger part of its growth.
The Block•2025-11-25 16:00