HIVE Digital Technologies reported $79.1 million in fiscal Q1 revenue, but a contested Swedish VAT provision helped drive a $142.9 million GAAP loss as contracted GPU-cloud ARR reached about $110 million.
HIVE's BUZZ HPC signed a five-year $350 million AI-cloud contract, bringing total active and contracted GPU-cloud ARR to about $180 million.
Galaxy Digital will rename Texas Tech's football stadium Galaxy Stadium from the 2026 season in a 15-year agreement that also makes it the program's data center and digital assets partner.
MARA agreed to acquire a 1,200-acre Texas powered-land site that could add 2 GW of capacity for AI data centers and bitcoin mining.
TeraWulf signed a 20-year Anthropic lease for 401 MW at its Kentucky AI data campus, turning a bitcoin miner power site into contracted AI infrastructure.
HIVE's BUZZ HPC signed a $220M GPU cloud contract with Bell AI Fabric and Cohere, adding a live test case to the Bitcoin miner AI pivot.