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Bitcoin mining company HIVE has expanded its presence in Europe with the acquisition of a data center facility in Boden, Sweden. The $2.25 million deal with Turis AB allows HIVE to enhance its green mining infrastructure and increase its bitcoin production capabilities. The strategic location of the new facility, which is close to HIVE’s existing operations in the region, supports the company’s growth strategy. HIVE’s focus on sustainable practices is also reflected in this acquisition, as the facility is expected to offer operational enhancements and energy efficiency prospects. The transaction is subject to regulatory approvals and statutory hold periods. HIVE has been a prominent player in the cryptocurrency mining space since its public listing in 2017 and is a member of the Bitcoin Mining Council.