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HIVE Digital partners with ProCogia to expand AI infrastructure

  • —BUZZ HPC and ProCogia will jointly deliver sovereign AI infrastructure across three continents
  • —A three-year contract with Bell AI Fabric is valued at $220 million and includes 2,304 NVIDIA Grace Blackwell GPUs
  • —A separate five-year agreement worth $350 million adds about $70 million in annual revenue
  • —HIVE plans to reach 850 MW of computing capacity by 2030 and build a 320 MW AI gigafactory
Why it matters: The trend of Bitcoin miners pivoting to AI infrastructure continues, reducing the share of hashrate under mining and reshaping the industry's structure.
Source: Crypto Briefing
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