Bitcoin miner HIVE inks $220 million AI GPU deal with Bell, expects $70 million annual revenue
Hex37's read
- HIVE secures $220M deal for 2,304 NVIDIA Blackwell GPUs.
- Deployment across Canada expected by early 2027.
- Anticipates $70M in annual revenue from AI GPU services.
What it means for traders
- This deal diversifies HIVE's revenue beyond mining, focusing on AI infrastructure.
- Potential positive impact on HIVE's stock and related AI infrastructure plays.
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