HIVE Digital Technologies is trading 7.25% up now at $2.88 after announcing a five-year, $350 million GPU cloud agreement with an investment-grade enterprise customer.
- Adds approximately $70 million in annualized revenue and requires 2,016 NVIDIA Blackwell Ultra GPUs.
- Strengthens the transition from cryptocurrency mining toward AI infrastructure.
- Bitcoin is up 0.84% since the last close, supporting sector sentiment but not explaining the full move.