HIVE Digital Technologies has invested more than $250 million in data centers in Paraguay over the past 18 months to help build an artificial intelligence hub in the South American country. The company currently operates Tier 1 sites near the Itaipú hydroelectric dam with a combined capacity of 300 MW and plans to increase the capacity of its Yguazú facility to 400 MW by the third quarter of 2026. Including energy procurement and infrastructure, its commitments exceed $400 million. HIVE produces approximately 8.5 BTC per day, is already exporting computing capacity to the United States and says it has created more than 300 jobs, including 40 engineering positions.
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