HIVE Signs $350M Five-Year GPU Cloud Contract, Revenue Near $200M ARR
HIVE shares jumped after signing a five-year $350M GPU cloud deal with BUZZ HPC. The contract is expected to lift BUZZ HPC’s annualized revenue to about $180M and generate roughly $70M in annualized revenue, with $35M already realized and $145M slated to come online through Q4 2026, supporting HIVE’s push toward $200M ARR.