HIVE Digital Technologies reports $180M in contracted GPU cloud business
mining
HIVE Digital Technologies announced $180 million in contracted GPU cloud business, signaling a material shift into AI/GPU cloud services alongside its Bitcoin mining operations. The contracts provide revenue diversification and more predictable cash flow, reducing HIVE’s direct revenue dependence on Bitcoin price swings. Because GPUs do not mine Bitcoin’s SHA-256 network, the contracts have limited direct impact on Bitcoin hashrate, but the stronger, more stable cash position could enable continued or expanded investment in ASIC-based Bitcoin mining capacity.
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