Investment
Features
FeesSafety
Academy
More
Pluang+

HIVE Digital pivots from Bitcoin mining to AI data centers using hydro-powered infrastructure.

Market News
05 May 2026
Proactive Investors
View Source
Bullish
pluang ai news

HIVE Digital Technologies is transitioning from primarily Bitcoin mining to supporting AI workloads using its hydro-powered data centers in Canada, Sweden, and Paraguay. The company leverages its existing 440 MW capacity, initially built for crypto mining, to host high-performance computing for AI, aiming to generate higher revenue per megawatt. While Bitcoin mining remains a major revenue source, HIVE’s AI-focused BUZZ HPC business is rapidly growing, with $30 million in AI cloud contracts and plans to reach $225 million in HPC revenue by late 2026. This shift addresses the growing demand for power-intensive AI infrastructure amid supply constraints and geopolitical trends favoring local AI data control.

More News

Bank of Hawaii beats Q2 EPS estimates with $1.47 despite revenue miss, showing strong profitability.

Bank of Hawaii beats Q2 EPS estimates with $1.47 despite revenue miss, showing strong profitability.

Bank of Hawaii Corporation reported a strong Q2 earnings per share (EPS) of $1.47, surpassing analyst expectations and marking growth from both the previous quarter and last year. However, its revenue of $184.85 million fell short of the estimated $1...

Company Fundamentals
Bullish
57 minutes ago
F5, Inc. to report Q2 earnings with revenue expected near $835M and EPS around $4.00 on July 27, 2026.

F5, Inc. to report Q2 earnings with revenue expected near $835M and EPS around $4.00 on July 27, 2026.

F5, Inc., a leader in application security solutions, will announce its Q2 2026 earnings on July 27 after market close. Revenue is projected at about $834.60 million, up from $780.37 million a year ago, with earnings per share expected around $4.00, ...

Company Fundamentals
Bullish
1 hour ago
State Street Global Advisors increases stake in DCC plc to 1.42% after recent share purchases.

State Street Global Advisors increases stake in DCC plc to 1.42% after recent share purchases.

State Street Global Advisors & Affiliates disclosed an increase in their holding of DCC plc shares to 1.42%, following recent purchases of 338 shares at €62.85 each and sales of 96 shares at the same price. This disclosure is part of regulatory requi...

Market News
Neutral
1 hour ago
Cint expands Samba partnership to measure TV brand lift in 6 more countries globally.

Cint expands Samba partnership to measure TV brand lift in 6 more countries globally.

Cint has expanded its partnership with Samba to include brand lift measurement for TV campaigns in six additional international markets: Australia, Canada, France, Germany, Italy, and Spain. This expansion allows advertisers to use Samba’s determinis...

Market News
Bullish
1 hour ago
Celestica reports strong AI-driven growth, raising full-year revenue forecast to $19B.

Celestica reports strong AI-driven growth, raising full-year revenue forecast to $19B.

Celestica, a key supplier in AI infrastructure, continues to show strong financial performance with a 52.8% revenue increase in Q1 and five consecutive earnings beats. Driven by high demand in its Connectivity and Cloud Solutions segment, the company...

Company Fundamentals
Bullish
2 hours ago
banner-footerbanner-footer

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