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HIVE Digital has inked a $350 million GPU cloud computing deal and is targeting $200 million in annual revenue as it pivots toward AI workloads.

The contract de-risks HIVE Digital's transition from Bitcoin mining to AI compute leasing, providing a clear revenue runway for its GPU fleet deployment.
Trade pressSlicast · August 18, 2026 · US · Source: Google News
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HIVE Digital has inked a $350 million GPU cloud computing deal and is targeting $200 million in annual revenue as it pivots toward AI workloads.

The contract de-risks HIVE Digital's transition from Bitcoin mining to AI compute leasing, providing a clear revenue runway for its GPU fleet deployment.

Read the original(Summary from the source — see the original below for the full report.)
HIVE Digital has inked a $350 million GPU… · Slicast