HIVE's bitcoin miner unit BUZZ HPC signs a $220M GPU contract

A subsidiary of HIVE Digital Technologies — BUZZ HPC — has signed a three-year contract for cloud GPU services for Bell Canada and Cohere worth about $220 million. The company will deploy 2,304 NVIDIA Grace Blackwell GPUs at the Bell AI Fabric site in the province of British Columbia (Canada). The launch is expected in late 2026 — early 2027: HIVE estimates the increase in contracted annual recurring revenue at about $70 million on top of the current $35 million.

Source: ForkLog