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RETRANSMISSION: HIVE Digital Technologies Expands into Paraguay, Launching One of the First Purpose-Built AI BUZZ Cloud Platforms in the Country
This news release constitutes a "designated news release" for the purposes of the Company's prosp...
About this update from Hive Digital Technologies Ltd
[{"type":"text","content":"RETRANSMISSION: HIVE Digital Technologies Expands into Paraguay, Launching One of the First Purpose-Built AI BUZZ Cloud Platforms in the CountryThis news release constitutes a \"designated news release\" for the purposes of the Company's prospectus supplement dated November 25, 2025 to its short form base shelf prospectus dated October 31, 2025.San Antonio, Texas--(Newsfile Corp. - January 13, 2026) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (BVC: HIVECO) (the \"Company\" or \"HIVE\"), a diversified global digital infrastructure company headquartered in San Antonio, Texas, today announced its expansion into Paraguay through a strategic joint venture with Paraguay's leading telecommunications operator.Through this partnership, HIVE is launching one of the first purpose-built artificial intelligence BUZZ Cloud platforms in Paraguay, located in Asunción and hosted within a Tier III data center operated by the leading telecom provider in Paraguay. The platform is designed to deliver high-performance computing (\"HPC\") and AI infrastructure intended to serve academic and research institutions, enterprises, financial services firms, and healthcare providers across Paraguay and the broader South American region.The initial deployment is expected to commence in the first quarter of 2026 and is planned to begin with an enterprise-grade GPU cluster designed to support AI training, inference, and data-intensive workloads. The platform is intended to scale over time in response to customer demand and subject to capital availability, leveraging Paraguay's renewable hydroelectric power, harnessing Paraguay's largest telecommunications operator's national fiber network, and enterprise-grade data center operations.This expansion builds on HIVE's existing digital infrastructure presence in Paraguay, where the Company has developed and operated Tier I data centers and associated electrical substations supported by access to renewable hydroelectric energy at scale. HIVE views Bitcoin mining as a means of building Tier I data center infrastructure and substations that monetize surplus or stranded electricity, converting energy into economic value. In this framework, each Bitcoin represents a bundle of energy, a concept that has also been articulated by technology leaders such as Elon Musk and Jensen Huang in their...