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HIVE Digital Technologies Ltd. (HIVE) Partners with AMC Robotics to Advance AI Robotics

HIVE Digital Technologies Ltd (NASDAQ:HIVE) is one of the crypto stocks with huge upside potential. On March 16, HIVE Digital Technologies Ltd (NASDAQ:HIVE) announced a major expansion of its liquid‑cooled AI data center capacity in Canada, scaling from 4 MW to 16.6 MW through its BUZZ High Performance Computing unit and a partnership with Bell Canada AI Fabric.

Photo by Jason Briscoe on Unsplash

The new British Columbia facility adds 5 MW immediately, with room to grow another 7.6 MW, while Manitoba continues at 4 MW with 504 GPUs already deployed. HIVE expects to roll out 4,000 AI‑optimized GPUs within six months, targeting $200 million in contracted annualized revenue by 2027.

At the same time, HIVE is winding down its ASIC‑based Bitcoin mining operations in Sweden, citing regulatory disputes and tax enforcement actions. The company is converting its 7 MW Boden site into a Tier‑III GPU cluster hub built on NVIDIA GB300 architecture, signaling a strategic pivot from traditional crypto mining toward high‑performance computing and AI workloads. Despite negative free cash flow over the past year, HIVE emphasized that no new capital expenditures are required for the expansion, underscoring its shift from volatile crypto hashrates to more stable GPU‑driven revenue streams.

On March 13, HIVE Digital Technologies Ltd. announced a strategic collaboration with AMC Robotics to advance next‑generation AI‑driven robotics and scalable infrastructure. AMC has already begun leveraging HIVE’s GPU cloud resources for development, testing, and deployment, with both companies exploring opportunities in AI optimization and data processing.

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) builds and operates green-energy-powered data centers to support Bitcoin mining and Artificial Intelligence (AI) High-Performance Computing (HPC). It is recognized as a leader in sustainable digital infrastructure, utilizing hydroelectric and geothermal power in countries like Canada, Sweden, and Paraguay.

While we acknowledge the risk and potential of HIVE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HIVE and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years

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