HIVE Digital has secured a substantial five-year contract valued at $350 million with an undisclosed investment-grade corporate client. The agreement involves the deployment of 2,016 Nvidia Blackwell Ultra GPUs by HIVE's BUZZ HPC division at a facility located in British Columbia. This contract is projected to generate around $70 million in annual revenue and represents HIVE's second major AI-related deal in just two months.
Currently, HIVE operates a Bitcoin hash rate of 24.5 EH/s, placing the firm as the seventh largest publicly traded mining company.
