HIVE's BUZZ HPC Secures $350 Million AI Cloud Deal with Investment-Grade Client

HIVE HIVE Digital Technologies Ltd

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1. 1BUZZ HPC, a subsidiary of HIVE Digital Technologies (HIVE), has signed a five-year GPU cloud contract with an investment-grade corporate client.
2. 2Total contract value is approximately $350 million, adding annualized revenue of about $70 million, and will supply a dedicated cluster of 2,016 Blackwell Ultra GPUs.
3. 3The cluster is expected to come online by year-end at the Merit Bell AI Fabric in British Columbia, bringing BUZZ HPC's total ARR to roughly $180 million.

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