HIVE Stock Spikes as Bitcoin Miner Lands $220M AI Infra Deal – Decrypt
In brief HIVE’s BUZZ HPC subsidiary closed a $220M, three-year GPU cloud contract with Bell Canada and Cohere, deploying 2,304 NVIDIA Grace Blackwell GPUs at Bell’s Merritt, BC facility. The deal pushes HIVE’s contracted high-performance computing revenue past $100 million, adding an expected $70M in new annual recurring revenue once the deployment goes live. HIVE...
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