HIVE Digital Technologies is aiming for $45 million in annual revenue from its 32-megawatt Big Boden facility in Sweden through a proposed AI colocation arrangement. The deal, which remains nonbinding, is still under negotiation, with financing and lease terms yet to be finalized. HIVE's CEO Aydin Kilic emphasized the importance of not rushing into a deal, stating, 'We do not want to rush into a deal just for the sake of reporting new top-line revenue.' The company has also reported $185 million in contracted GPU-cloud annualized revenue, with plans to retrofit the facility for AI infrastructure.