HIVE Digital Technologies Ltd. 8-K

What Happened
HIVE Digital Technologies Ltd. announced on June 25, 2026 (via Form 8‑K and an accompanying press release) that it signed a non‑binding co‑location letter of intent (the “Boden LOI”) with a Swedish technology company. The LOI covers the Company’s 32 MW facility in Boden, Sweden and contemplates a usable critical IT load of approximately 25 MW for a term of up to 8–10 years. The LOI is non‑binding and subject to negotiation and execution of a definitive agreement.

Key Details

• Company: HIVE Digital Technologies Ltd.; filing date: June 25, 2026 (Form 8‑K).
• Facility: 32 MW data center in Boden, Sweden. LOI contemplates ~25 MW of usable critical IT load.
• Term: contemplated lease term of up to 8–10 years.
• Status: non‑binding LOI; definitive co‑location agreement has not yet been negotiated or executed. Press release furnished as Exhibit 99.1.

Why It Matters
If a definitive agreement is reached, the LOI would potentially secure long‑term utilization of most of HIVE’s Boden capacity (about 25 of 32 MW), which could support predictable hosting revenue and higher facility utilization. However, the arrangement is not final — the company explicitly states the LOI is non‑binding and contains forward‑looking statements, so investors should watch for a signed definitive agreement and any financial terms or operational impacts disclosed in future filings.