HIVE Digital Technologies Ltd
hivedigitaltechnologies.comWhat Do They Do?
Provides hashrate to mining pools for cryptocurrency mining, and data-center computing power for customers using artificial intelligence and graphics rendering.
10-K for FY2026, filed Jun 2, 2026The Company operates in two segments: (a) the provision of data server facilities for the purposes of generating computational power…View ↗
How Do They Make Money?
Mining pools pay HIVE in Bitcoin for computing power, with payments tied to block rewards and transaction fees as HIVE provides the service. HPC customers pay for computing power when it is provided.
10-K for FY2026, filed Jun 2, 2026The Company participates in digital asset mining pools and provides computing power and transaction verification services to the mining…View ↗
In exchange for providing hash calculation service to the mining pool operators, the Company is entitled to non-cash consideration in the…View ↗
(iv) The consideration to which the Company expects to be entitled for providing computing power is entirely variable (block rewards…View ↗
Revenues from high-performance computing hostingView ↗
The Company generates revenue by providing high performance computing power to customers. Revenues from the provision of high-performance…View ↗
$297.8M
-
10-K for FY2026, filed Jun 2, 2026
$297.8M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Digital currency mining
Usage-based
10-K for FY2026, filed Jun 2, 2026 |
93% |
Digital currency mining, FY2026
$278.3M Sources
|
Usage-based |
|
High performance computing hosting
Sold outright
|
6.6% |
High performance computing hosting, FY2026
$19.5M Sources
|
Sold outright |
Who Are Their Customers?
HIVE sells hashrate to mining pools and other third-party aggregators, and provides computing power to AI-focused enterprises and other data-center users.
10-K for FY2026, filed Jun 2, 2026The Company operates in two segments: (a) the provision of data server facilities for the purposes of generating computational power…View ↗
Do Revenues Turn Into Profits?
No. It lost $148.4M in FY2026.
10-K for FY2026, filed Jun 2, 2026
How Are They Changing?
- Net income
-
Sources
10-Q for Q1 FY2027, filed Aug 14, 2026
−$142.9MView ↗
- ▼ Now a loss
- vs $35M in Q1 FY2026
10-Q for Q1 FY2027, filed Aug 14, 2026
Open tableView ↗
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Aug 19, 2026
BUZZ signs a five-year GPU cloud services agreement
A 2,016-GPU cluster is planned in British Columbia; the estimated contract value is approximately $350 million over five years.
Sources
8-K, filed Aug 19, 2026
On August 17, 2026, the Company announced that BUZZ entered into a GPU cloud services agreement (the “Agreement’) with the Customer…View ↗
-
Jun 25, 2026
Signs a nonbinding letter of intent for a Boden data-center lease
The proposed lease covers a usable critical IT load of approximately 25 MW for a term of up to 10 years.
Sources
8-K, filed Jun 25, 2026
On June 25, 2026, the Company announced that it has signed a co-location letter of intent (the “Boden LOI”) with a Swedish technology…View ↗
Who Do They Compete With?
Competes with Bitdeer Technologies Group, Keel Infrastructure, Cipher Digital, CleanSpark, Core Scientific, Hut 8, MARA Holdings, Riot Platforms, TeraWulf, Equinix, Crusoe Cloud, Applied Digital, CoreWeave, and IREN
10-K for FY2026, filed Jun 2, 2026In the ASIC compute market, miners can range from individual enthusiasts to professional mining operators with dedicated data centers or…View ↗
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