HIVE Reports $84.9M Revenue as AI GPU Business Grows 71% Amid Mining Pressures

TL;DR: HIVE Digital reported $84.9 million in fiscal second-quarter revenue and roughly 71% growth in its AI-focused BUZZ GPU business. The company also recorded a substantial quarterly loss, including a mining-equipment impairment. The results show both the promise and cost of shifting computing capacity toward AI services. Bitcoin miners have spent much of 2026 trying to turn their access to electricity, land and data centers into businesses that can serve more than one market. HIVE Digital’s latest numbers put a price tag on that strategy. The company said its fiscal second quarter, ended September 30, 2026, brought in approximately $84.9 million of revenue . Its BUZZ high-performance-computing division generated about $8.8 million, an increase of 70.7% from the comparable period.

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