HIVE Digital Technologies Ltd. builds and operates digital infrastructure for Bitcoin mining, high-performance computing, and GPU-accelerated AI workloads. Company updates center on BUZZ High Performance Computing, AI cloud deployments, Tier-I and Tier-III data center capacity, fibre and power infrastructure, and renewable-energy-backed operations in markets including Canada, Sweden, and Paraguay.
Recurring HIVE news also covers customer and technology collaborations, hashrate services, GPU procurement and deployment, exchange listings, at-the-market equity activity, and exchangeable note financing. Its disclosures connect capital actions with data center development, AI compute capacity, and the shift from ASIC-based mining capacity toward broader HPC and sovereign AI compute services.
HIVE Digital Technologies (HIVE), through subsidiary BUZZ HPC, announced a strategic AI infrastructure partnership with Vancouver-based ProCogia on September 16, 2026.
ProCogia will procure dedicated GPU capacity from BUZZ HPC’s Canadian Tier-III sovereign data centres and deploy its full applied-AI stack, including LLM hosting, bespoke model training, agentic systems, and end-to-end AI integration, for enterprise and SMB clients in Canada, the U.S., and Europe. ProCogia becomes a preferred applied-AI services partner for BUZZ HPC customers and will use BUZZ HPC as the primary cloud launchpad for its proprietary ZeroBoxx AI framework and vertical products CallYeah (healthcare voice AI) and PolyKode (regulated code-migration LLM). The deal builds on BUZZ HPC’s recent Canadian expansions, including a 400 MW coast-to-coast pipeline, a 320 MW build-out in the Greater Toronto Area, a $220M sovereign AI GPU contract with Bell AI Fabric for Cohere, and a $350M AI cloud services agreement with an investment-grade enterprise customer.
HIVE Digital Technologies (HIVE), via subsidiary BUZZ High Performance Computing, announced a strategic applied-AI partnership with Vancouver-based ProCogia, under which ProCogia will procure dedicated GPU capacity from BUZZ HPC’s Canadian data centres and deploy its ZeroBoxx AI framework and vertical AI products for enterprise and SMB clients in Canada, the U.S., and Europe.
The two-way relationship makes ProCogia a preferred applied-AI services partner for BUZZ HPC customers, delivering LLM hosting, bespoke model training, agentic systems and full AI integration on BUZZ hardware, while using BUZZ’s sovereign Tier-III infrastructure as the primary cloud launchpad for ZeroBoxx. ProCogia’s CallYeah voice-AI for healthcare and PolyKode code-migration LLM for regulated environments will run as anchor workloads. The deal builds on BUZZ HPC’s recent Canadian AI build-out, including a 4x expansion of liquid-cooled capacity in British Columbia, a planned 320 MW sovereign AI build in the Greater Toronto Area, a $220 million sovereign AI GPU contract with Bell AI Fabric for Cohere, and a $350 million AI cloud services agreement with an investment-grade enterprise customer.
HIVE Digital Technologies (HIVE), via its wholly owned subsidiary BUZZ High Performance Computing, has appointed Canadian capital-markets veteran Hubert Marleau as an Independent Director of BUZZ HPC to support the expansion of its sovereign AI infrastructure platform across Canada.
Marleau brings over 50 years of cross-border capital-markets and governance experience, including past roles as Governor of the Montreal and Vancouver stock exchanges, Chairman of the Toronto Stock Exchange Listing Committee, and director of the Investment Dealers Association of Canada. He has served on the boards of more than 50 publicly traded companies and led financing, M&A and advisory mandates for numerous issuers. He is currently Chairman and CEO of Nio Strategic Metals and Market Economist at Palos.
The company said his independent oversight will help guide BUZZ HPC’s next growth stage. BUZZ HPC will also attend the ALL IN 2026 AI conference in Montreal on September 16–17, where President and COO Craig Tavares will speak in three sessions on building Canadian sovereign AI infrastructure.
HIVE Digital Technologies (HIVE), through subsidiary BUZZ High Performance Computing, has appointed Canadian capital-markets veteran Hubert Marleau as an Independent Director of BUZZ HPC.
Marleau brings more than 50 years of cross-border capital-markets and governance experience, including past roles as Governor of the Montreal and Vancouver stock exchanges, Chairman of the Toronto Stock Exchange Listing Committee and director of the Investment Dealers Association of Canada. He has served as a director of over 50 public companies in Canada and the United States and held senior leadership positions at firms such as Nesbitt Thomson, Lévesque Beaubien and Marleau Lemire Securities.
The company said his independent oversight is intended to support BUZZ HPC’s next stage of growth as it scales its sovereign AI infrastructure platform across Canada. BUZZ HPC will also participate in the ALL IN 2026 AI and technology conference in Montreal, where President and COO Craig Tavares will speak in three sessions on Canada’s AI compute capacity and responsible, community-focused infrastructure development.
HIVE Digital Technologies (HIVE), via subsidiary BUZZ HPC, appointed AI and HPC veteran Mark Volk as Senior Vice President, Revenue, and reported that combined hashrate and GPU cloud operations have recently generated over $1 million in average daily revenue.
Volk will lead BUZZ HPC's global go-to-market and revenue engine across enterprise, government, sovereign AI, hyperscale, research and academic markets, reporting to BUZZ HPC President and COO Craig Tavares. He previously held senior commercial roles at CiphexAI, HPE, IBM and Platform Computing, where he contributed to large-scale growth in HPC and AI businesses. HIVE disclosed that since August 21, 2026 it has produced about 12 Bitcoin per day, around 2% of global Bitcoin network production, while GPU cloud operations generated approximately $100,000 in average daily revenue. Year to date, HIVE has closed more than $600 million in total contract value for GPU cloud contracts and built a GPU cloud demand pipeline exceeding $1 billion in total contract value potential.
HIVE Digital Technologies (HIVE), via BUZZ HPC, appointed AI and HPC veteran Mark Volk as Senior Vice President, Revenue and reported that combined hashrate and GPU cloud operations have recently generated over $1 million in average daily revenue.
Volk will lead BUZZ HPC’s global go-to-market strategy across enterprise, government, sovereign AI, hyperscale, research and academic markets, overseeing commercialization of sovereign AI cloud, GPU-as-a-Service, colocation and hybrid AI solutions. His prior roles include leadership positions at CiphexAI, HPE, IBM and Platform Computing, where he helped drive multi‑year HPC and AI revenue growth.
Since August 21, 2026, HIVE has produced about 12 Bitcoin per day, roughly 2% of global Bitcoin network production, and approximately $100,000 in average daily GPU cloud revenue, together exceeding $1 million in combined average daily revenue based on prevailing conditions. Year to date, HIVE has signed more than $600 million in total contract value for GPU cloud contracts within a demand pipeline of over $1 billion. The company plans to wind down Bitcoin mining in Sweden, which contributed less than 5% of August daily revenue, as it evaluates repurposing that infrastructure for higher-value AI and HPC uses.
HIVE Digital Technologies (TSX/NASDAQ/BVC: HIVE), via its BUZZ High Performance Computing subsidiary, signed a five-year GPU AI cloud services agreement with an investment-grade enterprise customer, with approximately $350 million total contract value and an estimated $70 million annualized revenue contribution.
The deal raises BUZZ HPC's total annualized revenue to about $180 million, including roughly $35 million active ARR and $145 million contracted ARR expected online through Q4 2026. BUZZ will deploy a dedicated AI cluster of 2,016 NVIDIA Blackwell Ultra GPUs at Bell's AI Fabric facility in Merritt, British Columbia, powered by 100% renewable hydroelectric energy and closed-loop liquid cooling. HIVE expects related capex of about $185 million and an upfront customer deposit of roughly $35 million, while retaining ownership of the NVIDIA infrastructure.
HIVE (TSX: HIVE, NASDAQ: HIVE, BVC: HIVECO), via its subsidiary BUZZ High Performance Computing, signed a five-year GPU AI cloud services agreement with an investment-grade enterprise customer, with approximately $350 million total contract value and about $70 million in added annualized revenue.
The deal lifts BUZZ HPC’s total annualized revenue to roughly $180 million, including about $35 million active ARR and $145 million contracted ARR expected online through Q4 2026. BUZZ HPC will deploy a dedicated AI cluster of 2,016 NVIDIA Blackwell Ultra GPUs in GB300 NVL72 systems at the Bell AI Fabric facility in Merritt, British Columbia, powered by 100% renewable hydroelectric energy and closed-loop liquid cooling.
HIVE expects related capex of about $185 million, funded in part by a ~$35 million upfront deposit, prior financing initiatives and additional equipment financing. Upon Q4 deployment, HIVE’s HPC/AI daily revenue is expected to reach approximately $500,000, while HIVE retains ownership of the NVIDIA infrastructure as a long-lived asset.
HIVE (TSX/Nasdaq/BVC: HIVE) reported Q1 FY2027 revenue of $79.1 million, up 73.5% year-over-year and 10.2% sequentially, driven by both digital currency mining and high-performance computing (HPC). Digital currency revenue was $72.1 million, with 1,004 Bitcoin rewards versus 406 a year earlier as average operational hashrate rose to 24.0 EH/s from 8.7 EH/s.
BUZZ HPC revenue reached $7.1 million, up 46.7% year-over-year and 52.1% sequentially. Gross operating margin was $24.2 million (30.6% of revenue), and Adjusted EBITDA was $13.4 million (17.0%). HIVE reported a GAAP net loss of $142.9 million, mainly from an $84.7 million non-cash provision for Swedish VAT regulatory liabilities, depreciation, share-based compensation and derivative fair-value changes.
HIVE ended the quarter with $208.0 million in cash and $11.2 million in digital currencies. Contracted GPU Cloud ARR rose to about $110 million, including $75 million ARR from an approximately $225 million three-year sovereign AI agreement with Bell AI Fabric supporting Cohere, and the company reported an LOI that could add $45 million of annual colocation revenue.
HIVE Digital Technologies (TSX/Nasdaq: HIVE) will release its fiscal Q1 2027 financial results on Friday, August 14, 2026, after market close. The company will then host an earnings conference call and webcast on Monday, August 17, 2026, at 8:00 AM EST.
Investors can access the webcast and obtain dial-in details via online registration, with the earnings release and call replay available on HIVE’s investor relations website. HIVE operates green energy-powered digital asset mining and high-performance computing data centers in Canada, Sweden, and Paraguay.