HIVE Digital Technologies signs $600 million in AI cloud contracts

The Bitcoin miner's BUZZ HPC unit is building a second business renting GPUs to AI customers, while its mining rigs keep running HIVE Digital Technologies says it has signed $600 million in AI cloud contracts this year. It also says it still mines over 11 BTC every day. The contracts run through BUZZ High Performance Computing, or BUZZ HPC, HIVE’s subsidiary that rents out GPU computing power. That makes HIVE one of the clearest examples of a Bitcoin miner turning its data centers into something closer to an AI landlord. The total contract value of approximately $600 million comes from three primary GPU cloud contracts signed in 2026. Two of them carry most of the weight. The first is a three-year deal worth approximately $225 million with Bell AI Fabric.

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