Cryptominer Hive Digital acquires Toronto data center
June 25, 2025
Toronto
Ascent's TOR1 data center it is located in Ontario’s rapidly growing Information Communication Technology (ICT) Corridor, between Waterloo and Toronto, in the City of Cambridge.
Spanning 66 acres with the potential for 100+ MW, the existing building sits on a 41-acre parcel with 15 acres of pad-ready expansion ground, according to the company. The building is comprised of multiple enterprise class data halls with immediate availability. Another 120,000 square feet of empty turnkey warehouse space exists on the campus, capable of fast IT deployment and providing up to 30 MW of power. The site also has separate 25-acre parcel available where a customer can leverage the existing infrastructure but may require its own dedicated facility
| Distance | Site | About |
|---|---|---|
| 5.05 miles | Rack and Data | |
| 5.57 miles | Related Digital: Cambridge, Ontario |
Related Digital's first North American data center, a 25-acre, pre-leased facility in Ontario, Canada, was delivered to a major hyperscale client in the summer of 2025.
|
| 5.57 miles | Hyperscale Data Center Request Dataset |
U.S. company CoreWeave Inc. (CRWV-Q) operates a data center in Cambridge, Ontario. The Canadian artificial-intelligence company Cohere Inc. is a customer at this facility.
|
| 9.74 miles | MGS Guelph |
|
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