โก ๐๐๐๐๐๐: $HIVE Digital Tech(HIVE.US) HIVE Signs $350 Million Five-Year AI Cloud Deal for 2,016 $NVIDIA(NVDA.US) NVIDIA Blackwell Ultra GPUs
๐ ๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐:โค ๐๐๐ฉ๐ signs five-year GPU cloud agreement worth approximately $๐ฏ๐ฑ๐ฌ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป.โค Deal adds approximately $๐ณ๐ฌ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป in annualized revenue.โค ๐๐จ๐ญ๐ญ ๐๐ฃ๐ total ARR rises to approximately $๐ญ๐ด๐ฌ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป.โค Cluster will deploy ๐ฎ,๐ฌ๐ญ๐ฒ ๐ก๐ฉ๐๐๐๐ ๐๐น๐ฎ๐ฐ๐ธ๐๐ฒ๐น๐น ๐จ๐น๐๐ฟ๐ฎ ๐๐ฃ๐จ๐.โค Deployment uses ๐๐๐ฏ๐ฌ๐ฌ ๐ก๐ฉ๐๐ณ๐ฎ systems and Quantum-X800 InfiniBand networking.โค AI infrastructure requires approximately $๐ญ๐ด๐ฑ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป in capital expenditures.โค Customer will provide an upfront deposit of approximately $๐ฏ๐ฑ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป.โค Cluster is expected online during ๐ค๐ฐ ๐ฎ๐ฌ๐ฎ๐ฒ in British Columbia.โค HIVE expects HPC/AI daily revenue around $๐ฑ๐ฌ๐ฌ,๐ฌ๐ฌ๐ฌ after deployment.โค HIVE targets $๐ฎ๐ฌ๐ฌ ๐บ๐ถ๐น๐น๐ถ๐ผ๐ป GPU cloud ARR by year-end.๐ ๐ช๐ต๐ ๐ง๐ต๐ถ๐ ๐ ๐ฎ๐๐๐ฒ๐ฟ๐:โค Five-year contract provides HIVE with significant ๐น๐ผ๐ป๐ด-๐๐ฒ๐ฟ๐บ ๐ฟ๐ฒ๐๐ฒ๐ป๐๐ฒ visibility.โค Deal accelerates HIVE's diversification from ๐ฐ๐ฟ๐๐ฝ๐๐ผ ๐บ๐ถ๐ป๐ถ๐ป๐ด into AI infrastructure.โค HIVE retains ownership of the GPUs, creating a ๐น๐ผ๐ป๐ด-๐น๐ถ๐๐ฒ๐ฑ strategic asset.โค Management sees potential to deploy over ๐ญ๐ฎ๐ฌ,๐ฌ๐ฌ๐ฌ ๐๐ฃ๐จ๐ within two years.๐ ๐๐ ๐ฝ๐ฒ๐ฟ๐ ๐ฆ๐๐ฎ๐๐ฒ๐บ๐ฒ๐ป๐๐:๐๐ฟ๐ฎ๐ป๐ธ ๐๐ผ๐น๐บ๐ฒ๐, Executive Chairman of HIVE Digital Technologies:"A year ago, our team was focused on rapidly scaling HIVE's ASIC computing power and Tier-I data center footprint by over 300%. Today, we are applying that same discipline and execution to scaling our GPU-based AI infrastructure.I am deeply pleased with the teamwork and execution of Aydin Kilic and Craig Tavares, together with the entire HIVE and BUZZ team, as we continue building our AI strategy. This new five-year agreement is another important milestone in that journey. With approximately 400 MW of capacity in Canada for Tier III data center development, we have the potential to bring over 120,000 GPUs online over the next 2 years.What excites me most is the synergy between our two businesses. Whether we are deploying ASIC chips for Tier-I data centers or GPU chips for AI, our core expertise remains the same: securing renewable energy, building high-performance data centers and converting that energy into valuable computing power. We believe this dual-engine strategy positions HIVE well for the next generation of digital infrastructure."๐๐๐ฑ๐ถ๐ป ๐๐ถ๐น๐ถ๐ฐ, President and Chief Executive Officer of HIVE Digital Technologies:"We are pleased to announce this agreement as we accelerate towards our year-end target of $200 million of ARR for our GPU cloud business. The five-year term, expected stable cash flows from an investment-grade enterprise customer, and upfront deposit of approximately 10% of total contract value supports an attractive economic and return profile for this deployment. Using proceeds from our June 2026 0% convertible bond, we are delivering on our promises to the market to bring this second, long-term large GPU cluster deal forward. We are also using debt financing to lever the purchase of the GPUs to provide a very strong internal rate of return."๐๐ฟ๐ฎ๐ถ๐ด ๐ง๐ฎ๐๐ฎ๐ฟ๐ฒ๐, President and Chief Operating Officer of BUZZ High Performance Computing:"This contract demonstrates our ability to consistently execute on large-scale AI infrastructure deployments while securing long-term, high-quality customers. We're rapidly establishing BUZZ as one of Canada's leading sovereign AI cloud providers, combining best-in-class NVIDIA infrastructure with strategic partners such as Bell and VAST Data to deliver enterprise-grade AI compute at global scale.We're building far more than GPU clusters; we're helping build a sustainable AI future. This milestone reflects the speed and discipline with which our team continues to execute, while strengthening a world-class ecosystem of partners. Together, we're creating a sovereign AI cloud platform that gives Canadian and global organizations access to sustainable, high-performance infrastructure built for the AI era."
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๐ข ๐๐๐๐ ๐๐: $HIVE Digital Tech(HIVE.US) HIVE Signs LOI for Up to 10-Year AI Data Center Lease in Sweden
๐ ๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:โค ๐๐๐๐ signed a ๐ง๐จ๐ง-๐๐ข๐ง๐๐ข๐ง๐ LOI with an investment-grade sovereign Swedish technology company.โค LOI covers an ๐ฎ๐ฉ ๐ญ๐จ ๐๐-๐ฒ๐๐๐ซ lease for HIVE's ๐๐ ๐๐ Boden, Sweden facility.โค Agreement contemplates approximately ๐๐ ๐๐ of critical IT load for HPC colocation.โค HIVE plans to retrofit the site to support up to ๐๐,๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐ GPUs.โค Facility will use ๐ก๐ฒ๐๐ซ๐ข๐ ๐ฅ๐ข๐ช๐ฎ๐ข๐ and air cooling with rack densities up to ๐๐๐ ๐ค๐.โค HIVE has operated the Boden facility since ๐๐๐๐, previously running about ๐๐๐,๐๐๐ GPUs.โค LOI follows Boden Municipal Council's approval of HIVE's facility acquisition.โค Definitive agreement remains subject to ๐๐ข๐ง๐๐ฅ negotiations and execution.๐ ๐๐ก๐ฒ ๐๐ญ ๐๐๐ญ๐ญ๐๐ซ๐ฌ:โค Long-term lease could provide ๐ซ๐๐๐ฎ๐ซ๐ซ๐ข๐ง๐ revenue and stable cash flows for HIVE.โค Expands HIVE's exposure to the growing ๐๐ and ๐๐๐ infrastructure market.โค Strengthens Sweden's position as a hub for ๐ฌ๐จ๐ฏ๐๐ซ๐๐ข๐ ๐ง ๐๐ infrastructure.๐ ๐๐ฑ๐ฉ๐๐ซ๐ญ ๐๐ญ๐๐ญ๐๐ฆ๐๐ง๐ญ:โค "The nations that control the compute will shape the next century. This LOI is a reflection of what patient, long-term infrastructure thinking produces. We built in Sweden when others were not looking at the Nordics, and an investment-grade, sovereign Swedish technology client committing to up to 10 years at this facility is the proof of what that patience delivers. The power is clean, the infrastructure is proven, and the trust has been earned. At HIVE, we turn clean electrons into compute. That is the business. As we expand our global footprint from Canada to Paraguay to Sweden, each milestone reflects the same conviction: sovereign AI infrastructure is one of the most important buildouts of our generation, and HIVE is building it." โ ๐ ๐ซ๐๐ง๐ค ๐๐จ๐ฅ๐ฆ๐๐ฌ, Executive Chairman of HIVE.โค "We see this legacy site in Boden as a strategic long-term asset for the Company. This site has evolved from a GPU compute facility supporting Ethereum and now comes full circle as a high-power-density, liquid-cooled GPU facility based on GB300 NVL72 architecture. We anticipate this to contribute significant annual recurring revenue, and we look forward to securing a long-term colocation offtake lease with the Client for this facility, which we believe could create long-term stable cashflows for HIVE as we make significant investments to upgrade it." โ ๐๐ฒ๐๐ข๐ง ๐๐ข๐ฅ๐ข๐, President & CEO of HIVE.โค "The signing of this agreement is both a commercial milestone and a powerful symbol of the future we are building in Boden. This project reinforces our commitment to supporting digital sovereignty while building world-class infrastructure that serves the long-term needs of Sweden." โ ๐๐จ๐ก๐๐ง๐ง๐ ๐๐ก๐จฬ๐ซ๐ง๐๐ฅ๐๐, Country Site President, Sweden. - H
โก ๐๐๐๐๐๐: HIVE Secures $220 Million AI Cloud Deal With Bell Canada and Cohere - $HIVE Digital Tech(HIVE.US) $BCE(BCE.US)
๐ ๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:โค ๐๐๐๐ signed a ๐-๐ฒ๐๐๐ซ GPU cloud contract valued at approximately ๐๐$๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง.โค Agreement involves ๐๐๐ฅ๐ฅ ๐๐๐ง๐๐๐, ๐๐จ๐ก๐๐ซ๐, and HIVE subsidiary ๐๐๐๐ ๐๐๐.โค BUZZ HPC will deploy ๐,๐๐๐ NVIDIA Grace Blackwell GPUs in GB200 NVL72 systems.โค Infrastructure will be hosted at Bell's data center in ๐๐๐ซ๐ซ๐ข๐ญ๐ญ, ๐๐ซ๐ข๐ญ๐ข๐ฌ๐ก ๐๐จ๐ฅ๐ฎ๐ฆ๐๐ข๐.โค System will utilize ๐๐๐๐๐๐ ๐๐ฎ๐๐ง๐ญ๐ฎ๐ฆ ๐๐ง๐๐ข๐๐๐ง๐ networking and liquid cooling technology.โค ๐๐จ๐ก๐๐ซ๐ will run foundation models and enterprise AI solutions on the platform.โค ๐๐ฒ๐ฉ๐๐ซ๐ญ๐๐ will provide server hardware, integration, installation, and commissioning services.โค HIVE is funding the GPU purchase using proceeds from its ๐๐$๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง convertible note financing.โค Deployment is expected to launch in ๐ฅ๐๐ญ๐ ๐๐๐๐ ๐ญ๐จ ๐๐๐ซ๐ฅ๐ฒ ๐๐๐๐.โค Project is expected to add approximately ๐๐$๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง in annual recurring revenue.๐ ๐๐ก๐ฒ ๐๐ญ ๐๐๐ญ๐ญ๐๐ซ๐ฌ:โค Contract significantly expands HIVE's ๐๐ ๐๐ฅ๐จ๐ฎ๐ and HPC business.โค Expected revenue uplift could nearly ๐ญ๐ซ๐ข๐ฉ๐ฅ๐ current contracted HPC revenue.โค Partnership strengthens Canada's domestic ๐๐ ๐ข๐ง๐๐ซ๐๐ฌ๐ญ๐ซ๐ฎ๐๐ญ๐ฎ๐ซ๐ and sovereign computing capabilities.๐ ๐๐ฑ๐ฉ๐๐ซ๐ญ ๐๐ญ๐๐ญ๐๐ฆ๐๐ง๐ญ:โค "This deployment brings together Canadian connectivity and compute, in Canadian data centres, running Canadian AI foundational models." โ ๐๐ฒ๐๐ข๐ง ๐๐ข๐ฅ๐ข๐, President and CEO of HIVE Digital Technologies. - H
$HIVE Digital Tech(HIVE.US) | B.Riley reiterates ๐๐ฎ๐ฒ on ๐๐๐๐ ๐๐ข๐ ๐ข๐ญ๐๐ฅ, ๐ซ๐๐ข๐ฌ๐๐ฌ ๐๐ ๐ญ๐จ $๐ ๐๐ซ๐จ๐ฆ $๐
Analyst sees the BUZZ HPC ramp as the key catalyst, highlighting improved pipeline visibility and a compelling valuation discount vs. HPC peers. - H
$HIVE Digital Tech(HIVE.US) | ๐๐๐๐ ๐๐ข๐ ๐ข๐ญ๐๐ฅ: Cantor Fitzgerald maintains ๐๐ฏ๐๐ซ๐ฐ๐๐ข๐ ๐ก๐ญ, raises ๐๐ ๐ญ๐จ $๐.๐๐
Analyst sees new power access unlocking major AI compute opportunity, with potential for large cloud deals and significant ARR upside. - X
Leopold Aschenbrenner's positions are finally out โ the latest equity holdings of the Situational Awareness Fund:
$878.7M โ Bloom Energy $Bloom Energy(BE.US)
$724.4M โ SanDisk $Sandisk(SNDK.US)
$556.1M โ CoreWeave $Coreweave(CRWV.US)
$401M โ Iren Limited $IREN(IREN.US)
$389.1M โ Core Scientific $Core Scientific, Inc.(CORZ.US)
$320M โ Applied Digital $Applied Digital(APLD.US)
$142.2M โ Riot Platforms $Riot Platforms(RIOT.US)
$104.5M โ CleanSpark $CleanSpark(CLSK.US)
$62.5M โ Solaris $Solaris Energy Infrastructure(SEI.US)
$43.9M โ T1 Energy $T1 Energy(TE.US)
$38.8M โ Bitfarms
$29.8M โ Bitdeer $Bitdeer Tech(BTDR.US)
$26.3M โ Power Solutions $Power Solutions(PSIX.US)
$21M โ Corning $Corning(GLW.US)
$20.9M โ WhiteFiber $Whitefiber(WYFI.US)
$20.2M โ $AMD(AMD.US)
$19.9M โ Babcock and Wilcox $Babcock & Wilcox(BW.US)
$18.1M โ SharonAI $SharonAI(SHAZ.US)
$13.1M โ ProPetro $ProPetro(PUMP.US)
$10.3M โ $VanEck Semiconductor ETF(SMH.US)
$8.9M โ Intel $Intel(INTC.US)
$7.6M โ Taiwan Semi $Taiwan Semiconductor(TSM.US)
$6.4M โ Hive Digital $HIVE Digital Tech(HIVE.US)
$6.1M โ $ASML(ASML.US)
$5.9M โ Micron $Micron Tech(MU.US)
1. The most notable change is the substantial new/increased positions in Bitcoin mining stocks and power infrastructure stocks, including CLSK CleanSpark ($104.5M), TE T1 Energy ($43.9M), PSIX Power Solutions ($26.3M), BW Babcock & Wilcox ($19.9M), SHAZ SharonAI ($18.1M), PUMP ProPetro ($13.1M), as well as Bitfarms ($38.8M) and BTDR Bitdeer ($29.8M).
2. New or significantly increased positions were established in a number of smaller semiconductor-related holdings: AMD ($20.2M), TSM Taiwan Semi ($7.6M), ASML ($6.1M), MU Micron ($5.9M), the Semiconductor ETF SMH ($10.3M), and INTC Intel ($8.9M).
This suggests the fund is taking a more refined approach to specific segments of the AI supply chain โ such as advanced-node manufacturing, memory, and equipment. Whereas the fund may previously have held a cautious or hedged stance on semiconductors as a whole, this quarter it has shifted to a partially bullish view on select names. This looks more like a risk rebalancing move than a major directional change.
3. The portfolio is pivoting toward a more focused combination of miners + energy + data centers.
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โก ๐๐๐๐๐๐: $HIVE Digital Tech(HIVE.US) HIVE Plans ๐๐๐ ๐๐ AI Infrastructure Facility in Toronto Area
๐ ๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:โค HIVE to build ๐๐๐ ๐๐ AI infrastructure campus in Greater Toronto Area.โค Facility designed to host over ๐๐๐,๐๐๐ ๐๐๐๐ฌ at full build-out.โค Project represents approximately ๐๐๐ $๐.๐๐ in capital investment.โค HIVE acquires ~๐๐ acres of land for $๐๐๐ total.โค Operations targeted to begin in ๐๐ ๐๐๐๐.โค Campus will use ๐๐ฅ๐จ๐ฌ๐๐-๐ฅ๐จ๐จ๐ฉ cooling with no water consumption.โค Expands HIVEโs global data center power pipeline beyond ๐๐๐ ๐๐.
