We studied the hydroboration of the C70 fullerene using both B3LYP-D3(BJ)/6-311G(d,p) and M06-2X-D3/6-311G(d,p) levels of theory, incorporating the empirical dispersion interaction, and Fukui index calculations. Potential energy surfaces (PESs) and Gibbs free energy surfaces (GFESs) were calculated for the pathways from four BH3 adducts (located at the AB, CC, D, and E sites) on the C70 to eight products formed by the 1,2-addition of BH3 across the four [6,6]-ring fused bonds (AB, CC, DE, and EE) and across the two [5,6]-ring fused bonds (AA and DD). These pathways are two-step consecutive reactions. We denoted the positions on the fullerene cage as A through E, from the pole to the equator, based on the D5h symmetry of the C70 fullerene. In the first step reaction, the product ratios for the four adduct intermediates should be as the primary intermediate BH3(D), the secondary intermediate BH3(AB), the tertiary intermediate BH3(CC), and the minor intermediate BH3(E), based on the Fukui indices. In addition, in the second step reaction, transition states (TSs) from four adduct intermediates to eight product isomers, namely, BH2(A)H (B) to BH2(E)H (E), were obtained using the QST2 method. The calculated reaction coordinates showed exothermic reactions for all bonds except the EE bond. We also confirmed the transition states by frequency calculations and intrinsic reaction coordinate (IRC) analyses. The PESs and GFESs suggest spontaneous processes for the four isomers, of which the primary products are BH2(A)H (B) and its isomer BH2(B)H (A), the secondary product is BH2(C)H (C), and the tertiary product is BH2(D)H (D), all formed through adduct intermediates. Therefore, through the hydroboration reaction of C70, we could predict and design the site selectivity of C70 by controlling the energy barrier of the transition state in the second step of the reaction. This implies that we could selectively synthesize mainly BH2(B)H (A) isomers across the AB-[6,6]-ring fused bond and also design BH2(D)H(D) isomers across the DD-[5,6]-ring fused bond. Also, the calculations of formation rate constants can well simulate the experimental ratio of two C70H2 isomers by the hydrolysis of BH2(A)H(B), BH2(B)H(A), and BH2(C)H(C) products at room temperature.