Hive Digital's Record Revenue, Dell Partnership Boosts AI Ambitions
Update: 2025-11-18
Description
Hive Digital Technologies, a Bitcoin mining company, reported record revenue of $87.3 million, a 285% increase from last year. Despite a recent stock drop, they announced a deal with Dell to boost their AI ambitions. Hives high-performance computing division, Buzz, also had a record quarter, with a 175% increase in revenue. They plan to add over 6,000 new graphics processing units by 2026.
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