HIVE Digital Technologies invests in fiber upgrade, secures Toronto Stock Exchange listing approval

About this episode

Frank Holmes discusses HIVE Digital Technologies' infrastructure upgrade and Toronto Stock Exchange listing approval.

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 infrastructure and advancing Tier III HPC data centre capabilities, with the New Brunswick campus conversion identified as a key objective for 2026. The Grand Falls site is already energized with approximately 70…

People in this episode

Host: Steve Darling

Guest: Frank Holmes

Topics covered

• infrastructure upgrade
• data centre
• artificial intelligence
• high-performance computing
• investment
• public market

Keywords

• HIVE Digital Technologies
• fiber optic network
• data centre
• AI infrastructure
• investment
• Grand Falls
• Toronto Stock Exchange

Mentioned in this episode

Organizations: HIVE Digital Technologies, Buzz High Performance Computing, Toronto Stock Exchange

Places: New Brunswick, Grand Falls

More episodes of Proactive - Interviews for investors

• Regan Capital CIO on bond market opportunities in a rising rate environment · June 12, 2026 · 6 min
• Light Science Technologies lifts capacity 50% with new SMT line and global client win · June 12, 2026 · 5 min
• Poolbeg Pharma launches POLB 001 TOPICAL trial to tackle CAR-T side effects · June 12, 2026 · 4 min
• Lumos Diagnostics expands FebriDx adoption across 100+ US healthcare sites with CLIA Waiver · June 11, 2026 · 8 min
• Flow Metals advances drill-ready Yukon gold project while expanding Copper exploration in B.C. · June 11, 2026 · 6 min
• Midstream energy sector positioned for growth as LNG and AI drive demand · June 11, 2026 · 7 min