Exchanges· ★★★· bullish·

HIVE discloses two GPU cloud deals worth $570M and a 320 MW AI data center plan

  • —Bell AI Fabric deal: three years, about $220 million, 2,304 Nvidia Grace Blackwell GPUs
  • —Second contract: five years, about $350 million, client not disclosed
  • —Planned 320 MW AI data center near Toronto with roughly C$3.5 billion investment
  • —Combined hash-rate and GPU cloud revenue topped $1 million per day since Aug. 21
Why it matters: HIVE is broadening from Bitcoin mining into GPU cloud and HPC, a shift that could reshape its revenue mix and valuation.
Source: TokenPost