Investment
Features
FeesSafety
Academy
More
Pluang+

HIVE signs $350M GPU cloud deal for 5 years, boosting BUZZ HPC's annual revenue to $180M.

Market News
17 Aug 2026
Newsfile Corp
View Source
Bullish
HIVE signs $350M GPU cloud deal for 5 years, boosting BUZZ HPC's annual revenue to $180M.

HIVE Digital Technologies, through its subsidiary BUZZ High Performance Computing, secured a $350 million five-year GPU cloud services contract with an investment-grade customer. This deal adds $70 million in annual recurring revenue, raising BUZZ HPC's total to $180 million, and involves deploying 2,016 NVIDIA GPUs in a sustainable, hydro-powered facility in British Columbia. The contract supports HIVE's strategy to expand its AI cloud platform with long-term revenue visibility and sustainable infrastructure. Deployment is expected by Q4 2026, with significant cash flow and strategic asset ownership anticipated.

More News

Ether price drops over 2% with $7.6M liquidations mainly from long positions

Ether price drops over 2% with $7.6M liquidations mainly from long positions

Ether (ETH) price fell 2.14% to $2,413 on Binance within four hours on October 16, marking a sharper decline than the 1.24% drop over the past 24 hours. The token's market capitalization stands at approximately $295.36 billion, ranking it second in t...

Market News
Bearish
4 hours ago
Bitcoin ETFs saw $15.86M inflows on Oct 16, while Ether ETFs faced $60.84M outflows, both down over the week.

Bitcoin ETFs saw $15.86M inflows on Oct 16, while Ether ETFs faced $60.84M outflows, both down over the week.

On October 16, Bitcoin exchange-traded funds (ETFs) recorded net inflows of $15.86 million, adding 194 BTC. In contrast, Ether ETFs experienced significant outflows of $60.84 million, equivalent to 24,792 ETH. Despite the daily inflows for Bitcoin ET...

Market News
Neutral
4 hours ago
Centrifuge's total value locked drops 38% to $1B despite expanding high-yield bond strategy across blockchains

Centrifuge's total value locked drops 38% to $1B despite expanding high-yield bond strategy across blockchains

Centrifuge ended Q3 with $1 billion in total value locked (TVL), down 38% from the previous quarter, even as its high-yield corporate bond strategy expanded to multiple blockchains including Solana, Avalanche, Arc, and X Layer. The strategy, managed ...

Protocol Fundamentals
Neutral
4 hours ago
New system Aerie speeds up post-quantum blockchain signature aggregation for secure consensus.

New system Aerie speeds up post-quantum blockchain signature aggregation for secure consensus.

Aerie, developed by LayerZero Labs and partners, aggregates 32,768 post-quantum signatures in just 0.65 seconds using a MacBook Pro without specialized hardware. It outperforms previous systems by generating and verifying proofs faster and producing ...

Protocol Fundamentals
Bullish
5 hours ago
Bitcoin shows resilience with ETF inflows reaching $57B despite a 25% yearly drop, says Schwab analyst.

Bitcoin shows resilience with ETF inflows reaching $57B despite a 25% yearly drop, says Schwab analyst.

Bitcoin has experienced a 25% decline over the past year but continues to show long-term momentum, according to Charles Schwab analyst Adam Lynch. Despite this pullback, cumulative net inflows into U.S. spot Bitcoin ETFs have reached nearly $57 billi...

Analyst Insights
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App