Bitcoin miner HIVE’s $79M quarter runs into an $80M Swedish tax problem
Preliminary revenue reached about $79 million, yet HIVE cannot quantify the possible noncash accrual or its expected losses.
CryptoSlate•Liam 'Akiba' Wright12 AugHIVE Digital Technologies — page 2
Organization · 41 articlesCoverage, page 2
page 2 of 3CryptoSlate•Liam 'Akiba' Wright12 Aug
HIVE Exec: AI GPUs Earn 10x More per Hour Than Mining Rigs
HIVE Executive Chairman Frank Holmes said the firm’s AI compute GPUs are generating far more revenue per hour than its bitcoin mining rigs, as the company’s fiscal 2026 revenue surged 158% to $297.8 million. The Math Behind the 10x Claim Holmes laid out the comparison during the Roundtable 100 series earlier this week, arguing that […]
Bitcoin.com News•Shiraz Jagati1 Aug
HIVE Digital Technologies unveils BUZZHPC as Canada’s AI factory with 100,000 GPUs and a CAD $3.5B gigafactory plan
HIVE Digital's BUZZ HPC plans a 320 MW, CAD $3.5B AI gigafactory near Toronto with over 100,000 GPUs targeting a 2027 launch.
CryptoBriefing•Editorial Team20 Jul
Dave Perrill sells 175,000 shares in HIVE Digital Technologies, holds zero direct stock
Perrill's stock sale highlights potential confidence in HIVE's growth strategy, as he retains significant unvested shares tied to future performance.
CryptoBriefing•Editorial Team30 Jun
HIVE’s Paraguay GPUs match H100 performance for AI research, stock jumps 22%
HIVE's innovative software approach and strategic location highlight potential shifts in AI infrastructure, emphasizing cost-effective solutions.
CryptoBriefing•Editorial Team26 Jun
HIVE Digital signs 10-year LOI for HPC colocation at its Boden, Sweden facility
HIVE's strategic shift to AI colocation could redefine its revenue model, emphasizing long-term stability over volatile crypto mining returns.
CryptoBriefing•Editorial Team25 Jun
HIVE stock surges 25% as Ivy League researchers train neural networks on Paraguay GPUs
The research was submitted to NeurIPS, one of AI's leading academic conferences, to be held later this year.
The Block•Kyle Baird22 Jun
HIVE completes AI research project with Columbia University using Paraguay GPUs
HIVE's project highlights the potential for cost-effective AI training using older GPUs, leveraging renewable energy, and fostering global collaboration.
CryptoBriefing•Editorial Team22 Jun
HIVE shares jump as $220M AI deal speeds Bitcoin mining pivot
HIVE shares rose after BUZZ HPC signed a $220M AI cloud deal with Bell and Cohere, adding sovereign GPU capacity in Canada.
HIVE Digital Secures $220M Sovereign AI GPU Deal With Bell Canada
HIVE Digital has partnered with Bell Canada and Cohere in a $220 million deal to deploy sovereign Nvidia Blackwell GPUs for enterprise AI compute.
NewsBTC•NewsBTC Editorial Team19 Jun
HIVE Lands $220 Million AI Cloud Deal With Bell Canada and Cohere
HIVE Digital’s BUZZ HPC unit has signed a three-year GPU cloud contract worth about $220 million as part of a Canadian sovereign AI infrastructure partnership with Bell Canada and Cohere. The deal adds to HIVE’s broader push into AI data centers, including a newly approved acquisition of a 32-megawatt facility in Sweden. HIVE Secures $70 […]
Bitcoin.com News•Emmanuel Musa18 Jun
HIVE Digital Technologies targets $200M ARR in GPU AI cloud revenue by Q4 2026
HIVE's ambitious revenue target highlights a strategic pivot towards AI, potentially reshaping its market position and investor expectations.
CryptoBriefing•Editorial Team18 Jun
HIVE Stock Spikes as Bitcoin Miner Lands $220M AI Infra Deal
The crypto miner has signed a landmark three-year GPU contract with Bell Canada and Cohere—as Canada races to build AI systems it actually owns.
HIVE secures $220M AI infrastructure contract with Bell and Cohere
The deal is expected to add approximately $70 million in annual recurring revenue as the company scales its AI-focused operations.
Cointelegraph•Nate Kostar18 Jun
HIVE Digital acquires 32 MW data center in Sweden after 8 years as tenant
HIVE's acquisition and AI pivot could significantly boost its revenue growth and position it as a key player in the AI infrastructure market.
CryptoBriefing•Editorial Team18 Jun
Bitcoin miner HIVE inks $220 million AI GPU deal with Bell, expects $70 million annual revenue
HIVE finalized a $220 million sovereign cloud contract to deploy 2,304 NVIDIA Blackwell GPUs across Canada by early 2027.
The Block•Brian Danga18 Jun
Sweden commits 32 MW of renewable power to sovereign AI compute as HIVE Digital acquires Big Boden data center
HIVE's acquisition and upgrade of the Big Boden data center could enhance Europe's AI autonomy, reducing reliance on US tech giants.
CryptoBriefing•Editorial Team18 Jun
HIVE Digital Technologies secures $220M AI contract with Bell Canada
HIVE's shift to AI infrastructure with Bell Canada enhances its financial stability and positions it as a key player in sovereign AI solutions.
CryptoBriefing•Editorial Team18 Jun
HIVE Digital Technologies aims for 850 MW of sovereign compute by 2030
HIVE's shift to AI infrastructure could enhance Canada's tech sovereignty, reduce reliance on foreign data centers, and boost clean energy use.
CryptoBriefing•Editorial Team17 Jun
HIVE Digital Technologies advances AI infrastructure with 320 MW gigafactory in Ontario
HIVE's gigafactory could reshape AI infrastructure, boosting clean energy use and intensifying competition in the AI compute market.
CryptoBriefing•Editorial Team16 Jun