Welcome to our dedicated page for HIVE Digital Technologies news (Ticker: HIVE), a resource for investors and traders seeking the latest updates and insights on HIVE Digital Technologies stock.
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 (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.
HIVE Digital Technologies (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 via an online registration link, with dial-in details provided after registration. The earnings release and a replay of the call will be 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.
HIVE (NASDAQ:HIVE) closed a private offering of US$130 million 0% exchangeable senior notes due 2031 to qualified institutional buyers under Rule 144A. The deal includes a US$15 million option fully exercised.
HIVE expects about US$124.5 million in net proceeds, mainly to fund AI/HPC growth, GPU purchases, and data center development, and entered cash-settled capped call transactions to help limit dilution.
HIVE (NASDAQ:HIVE) priced a private offering of US$115 million 0% exchangeable senior notes due 2031, upsized from US$100 million, with an option for an additional US$15 million.
Estimated net proceeds are US$110–124.5 million, to fund subsidiaries, general corporate purposes, capital investment and data center development, plus capped call transactions to limit potential dilution.
HIVE (NASDAQ:HIVE) priced an upsized private offering of US$115 million 0% exchangeable senior notes due 2031 through subsidiary HIVE Bermuda 2026. Initial purchasers have a US$15 million option. Notes are exchangeable into HIVE common shares at an initial price of US$4.83 per share.
Estimated net proceeds are US$110 million (or US$124.5 million if the option is fully exercised), earmarked for general corporate purposes, capital investment, and data center development. HIVE also entered capped call transactions with an initial cap price of US$8.5275 per share.
HIVE Digital (NASDAQ:HIVE) plans a private offering of US$100 million 0% exchangeable senior notes due 2031 via its subsidiary HIVE Bermuda 2026. Initial purchasers may buy an extra US$15 million of notes.
Notes are senior unsecured, guaranteed by HIVE, exchangeable into cash, HIVE common shares, or both. Proceeds will support general corporate purposes, GPU purchases and data center development. HIVE also expects to enter cash-settled capped call transactions to help limit exchange-related dilution, subject to a cap.
HIVE (NASDAQ:HIVE) signed a non-binding LOI with an investment-grade sovereign Swedish technology client for an up to 10-year HPC colocation lease at its 32 MW Boden, Sweden facility, contemplating about 25 MW critical IT load.
HIVE plans to retrofit the site to support up to 10,000 GB300 GPUs with rack densities up to 150 kW using hybrid liquid and air cooling, which management anticipates could drive significant annual recurring revenue and long-term stable cash flows.