HIVE news

HIVE Digital Technologies Ltd. subsidiary BUZZ HPC entered into a $129 million fixed-rate credit facility to purchase NVIDIA GB200 systems for a sovereign AI customer. This enhances the company's HL2 Blockchain mining and AI infrastructure business.

BUZZ HPC announced a strategic partnership with ProCogia to deliver end-to-end sovereign AI using BUZZ's Canadian data centers.

HIVE Digital Technologies reported a 73.5% year-over-year increase in Q1 2027 revenue driven by digital currency mining and HPC. The company also announced its GPU Cloud ARR reached approximately $110 million.

The company entered an indenture for the issuance of $130 million in 0% exchangeable senior notes due 2031. This offer demonstrates the company's access to capital markets despite its cyclical operating profile.

HIVE Digital's subsidiary BUZZ HPC closed a three-year USD $220 million GPU cloud contract to deploy 2,304 NVIDIA Grace Blackwell GPUs at Bell's facility in Merritt, British Columbia, supporting Cohere's enterprise AI solutions for Canadian government and corporate customers. The deal positions HIVE…

HIVE Digital reported full-year 2026 revenue of $297.8 million, driven by 164% growth in digital currency mining revenue to $278.3 million and 94% growth in HPC services to $19.5 million. The strong performance reflects a four-fold increase in installed hashrate, higher Bitcoin prices averaging $98,…

BUZZ HPC acquired 25 acres of land for $58 million and announced a planned 320 MW AI gigafactory in the GTA with expected online date in H2 2027 and CAD $3.5 billion capital investment. The facility positions HIVE in Canada's sovereign AI infrastructure buildout with capacity for over 100,000 GPUs a…