Core Insights - HIVE Digital Technologies aims to achieve a Bitcoin mining capacity of 35 EH/s by 2026 through a new 100 MW hydroelectric expansion in Paraguay and strategic partnerships in high-performance computing (HPC) and artificial intelligence (AI) [2][3][6] Expansion Plans - The company has signed an agreement to develop a 100 MW hydroelectric-powered data center at its Yguazú site in Paraguay, increasing its total renewable capacity in the country to 400 MW [2][3] - This Phase 3 expansion follows the successful completion of previous phases, bringing the total capacity at Yguazú to 540 MW across Paraguay, Canada, and Sweden [4][5] Operational Goals - HIVE's Bitcoin mining capacity has grown from 6 EH/s at the beginning of the year to nearly 22 EH/s, with a target of reaching 25 EH/s by year-end [6] - The company expects to increase its HPC capacity fivefold in 2026 through a partnership with Bell Canada, enhancing its AI infrastructure [7][8] Strategic Vision - HIVE's expansion in Paraguay is part of its long-term vision to scale sustainable, low-cost digital infrastructure powered by renewable energy [6][9] - The company positions itself as a leader in the intersection of blockchain and AI, leveraging its dual focus on Bitcoin mining and HPC [7][10]

Core Insights - DayOne, a Singapore-based global data center developer, is investing approximately EUR 1.2 billion in a hyperscale data center campus in Lahti, Finland, to enhance the country's digital infrastructure [1][7][8] Investment and Project Details - The Lahti data center will be built on a 98,901 square meter site, with a total potential capacity of 128 megawatts (MW) IT load, starting with an initial building of 50 MW IT load [3] - Construction is set to begin in Q3 2025, with operations expected to commence in 2027 [3] - The project aims to create 100 direct skilled jobs and employ 1,000 construction workers at its peak [6] Sustainability and Energy Efficiency - The data center is designed to achieve LEED Gold certification or higher, utilizing air cool chiller technology to eliminate the need for freshwater cooling [4][6] - DayOne is collaborating with local firms to leverage Finland's cool climate for energy efficiency and sustainability [4] - The facility will integrate with the local district heating system and explore waste heat reuse [5] Local Collaboration and Economic Impact - DayOne has entered a Growth Partnership Agreement with the City of Lahti and local institutions, committing EUR 2.5 million to LUT Universities [9] - The partnership focuses on aligning educational pathways with industry needs and fostering local talent development [10] - The investment is expected to significantly bolster Lahti's digital economy and contribute to job creation [6][8] Strategic Rationale - Finland is viewed as an ideal location for European growth due to its reliable energy infrastructure, renewable energy leadership, and skilled workforce [7][8] - Lahti's recognition as the European Green Capital 2021 aligns with DayOne's sustainability goals, making it a strategic choice for investment [8]