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2026-07-05 21:25:11

HIVE Raises $115M, Keel Sells Paraguay Asset to Deepen AI Data Center Push

HIVE raised $115 million via zero-interest convertible notes to expand data centers and GPU capacity, while Keel sold its 70 MW Paraguay site for about $13 million to fund its AI and HPC pipeline. The moves highlight miners’ broader shift from pure bitcoin mining toward AI infrastructure.

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HIVE Raises $115M, Keel Sells Paraguay Asset to Deepen AI Data Center Push