HIVE Digital Technologies has invested 30 million USD in Nvidia’s advanced H100 and H200 GPU clusters. This investment supports HIVE’s strategic entry into HIGH-performance computing and AI sectors, marking a significant diversification beyond traditional Bitcoin mining activities.

The venture into HIGH-margin AI and cloud computing is expected to yield over 35 million USD in annualized revenue by mid-2025. The deployment of powerful Nvidia GPUs for AI applications highlights HIVE’s anticipation of growing market demands in sectors like healthcare and creative media.

The Nvidia H100 and H200 clusters will operate on renewable energy sourced in Quebec, underscoring HIVE’s sustainability commitment. This transition aligns with their broader strategy to pivot from Bitcoin mining to providing HIGH-margin data center services, following market shifts post the cryptocurrency halving event.