Hive Digital Technologies Executive Chairman Frank Holmes joined Steve Darling from Proactive to announce a major infrastructure upgrade at the company’s Grand Falls data centre in New Brunswick, alongside a key milestone in its public market presence. Through its subsidiary Buzz High Performance Computing, HIVE has contracted a new fibre optic network overbuild and carrier transport upgrade for the Grand Falls facility. The initiative represents a critical step in transforming the site into a Tier III high-performance computing (HPC)-enabled data centre, supporting the company’s expansion into artificial intelligence and advanced computing workloads. HIVE expects to commit approximately $3.1 million over five years toward the project. Holmes noted that the investment aligns with the company’s broader growth strategy, supported in part by proceeds from its recent $115 million exchangeable note offering. These funds are being directed toward scaling HIVE’s GPU-powered AI infrastru...