HIVE stock jumps 25% as Ivy League researchers tap its GPU cluster
The move reframes HIVE from a pure crypto-mining equity to a hybrid crypto-plus-AI compute play, and the tape reacted before the operators officially relabeled the business.
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The move reframes HIVE from a pure crypto-mining equity to a hybrid crypto-plus-AI compute play, and the tape reacted before the operators officially relabeled the business.
The Blackwell-powered contract adds ~$70M in annual recurring revenue on top of HIVE's $35M realized ARR — more than tripling the high-margin HPC line that grew 158% last year.
The three-year contract deploys 2,304 Nvidia Grace Blackwell GPUs on Canadian soil and adds roughly $70M in annual recurring revenue — pulling HIVE's HPC contracted book past the $100M mark as its…
HIVE Digital Technologies posted a 158% year-over-year jump in annual revenue to $298 million, a standout result for a…
The bitcoin miner is now leaning hard into AI compute: the 320MW, 100,000-GPU Toronto site is the largest single bet yet on BUZZ HPC, just two weeks after a $115M raise.
Hive Digital's latest Canada build pushes its GPU roadmap past 100,000 accelerators and doubles down on a pivot from Bitcoin mining to AI compute.