HIVE Digital, a mining firm, has entered into a five-year agreement worth $350 million with an unnamed "investment-grade corporate client." Under this arrangement, its BUZZ HPC division will deploy 2,016 Nvidia Blackwell Ultra GPUs at a site in British Columbia. This deal is expected to contribute approximately $70 million in annual revenue and marks HIVE's second significant AI contract in the past two months.
The company operates a Bitcoin hash rate of 24.5 EH/s, ranking it as the seventh largest among publicly traded miners.