Hive

HIVE stock increased by 25% following Ivy League researchers training neural networks on Paraguay GPUs. The research was submitted to NeurIPS, a leading AI academic conference.

HIVE has secured a $220 million AI infrastructure contract with Bell and Cohere. The agreement is projected to generate approximately $70 million in annual recurring revenue as HIVE expands its AI operations.

Bitcoin miner HIVE signed a $220 million contract with Bell to deploy 2,304 NVIDIA Blackwell GPUs across Canada by early 2027, projected to generate $70 million in annual revenue.

Hive shares increased by 10% following a $220 million deal for Canada's sovereign AI infrastructure. The agreement focuses on developing AI infrastructure under Canada's sovereignty framework.

Bitcoin miner Hive mined nearly 2,900 Bitcoin last year and is expanding into AI by building what it claims is Canada's largest private AI data center.

HIVE reduced its Bitcoin holdings by 331 BTC in Q1, leaving 150 BTC remaining, while annual revenue increased to $297.8 million, driven by growth in mining and AI computing.

HIVE reported a 158% increase in annual revenue to $298 million, but reduced its bitcoin holdings from 481 BTC to 150 BTC in the last quarter. The company's bitcoin mining revenue also declined by 23.9%.

Hive, a company backed by Y Combinator's Summer 2014 batch, is seeking senior back-end developers. The position allows remote work for candidates based in California or the United States.

HIVE has purchased a $58 million plot in Toronto to build an AI facility, resulting in a climb in shares. The purchase indicates HIVE's investment in artificial intelligence. This move is expected to impact the company's growth.

Magi is the fourth protocol to successfully ship production-ready native Bitcoin custody for cross-chain swaps, leveraging Hive's blockchain and HBD stablecoin for settlement. This approach enables high-speed, decentralized execution and brings Hive's liquidity into global BTC and EVM ecosystems. Native TSS custody is a complex but potentially crucial infrastructure for Bitcoin DeFi.

Hive and Keel (formerly Bitfarms) are shifting from Bitcoin mining to AI, with Hive raising $115 million and Keel selling a mining facility to adapt to the AI boom.

HIVE and Keel are expanding their involvement in AI data centers through a capital raise and asset sale, signaling increased investment in artificial intelligence infrastructure.