Exchanges· ★★★· neutral·

HIVE borrows $129M to buy 2,303 Nvidia AI GPUs for Canadian cloud

  • —Loan totals $129 million at a fixed 9% annual rate over three years
  • —Purchase of 2,303 Nvidia GB200 GPUs is valued at about $165 million
  • —Debt covers roughly 80% of the cost; the rest comes from 0% convertible notes
  • —Bell AI Fabric contract is worth $225 million over three years, with GPU delivery expected by late Q4 2026
Why it matters: HIVE is deepening its shift from Bitcoin mining into GPU cloud, changing the miner's risk profile and its dependence on BTC.
#BTC
Source: TokenPost
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