Mining companies Hive Digital (HIVE) and Keel Infrastructure (KEEL) are expanding their investment in artificial intelligence infrastructure while reducing their BTC mining operations, CoinDesk reported. Hive raised $115 million through the issuance of interest-free convertible bonds, and the funds will be used for global data center expansion and increased GPU capacity. The company explained that it is focusing on data centers capable of performing high-performance computing tasks. Additionally, Keel is pursuing a business transition by selling its 70-megawatt (MW) mining facility located in Paraguay for approximately $13 million.
