HIVE Digital Technologies (Provider) · Undisclosed investment-grade enterprise customer (HIVE) (Buyer)
- Value
- $350M
- Capacity / term
- n/a · 5y
- First revenue
- not disclosed
- Sources
- [1] primary[2] other
Surfaced via the EDGAR watchlist keyword hit on HIVE's 8-K filed 2026-08-19. Sourcing is one primary company release plus The Block (crypto/tech trade press, not a Reuters/Bloomberg/CNBC/WSJ/FT tier-1 outlet); no independent tier-1 confirmation found. Counterparty is unnamed, following the same undisclosed-counterparty pattern already used for Hut 8, Applied Digital and Sharon AI rows -- flagged via counterparty_unnamed rather than omitted, since the dollar figure and GPU count are independently disclosed and verifiable against HIVE's own filings.
Conditions: Five-year GPU cloud services agreement via HIVE's BUZZ HPC subsidiary, built around a dedicated cluster of 2,016 Nvidia Blackwell Ultra GPUs at HIVE's hydro-powered Merritt, British Columbia facility. Company-stated total contract value ~$350M (~$70M/yr annualized revenue), against ~$185M of capex HIVE expects to spend building out the cluster. Counterparty disclosed only as 'an investment-grade enterprise customer'; no MW/IT-load figure given, so this row relies on the disclosed dollar value (clears the $100M threshold) rather than a capacity figure for inclusion.