HIVE Digital Secures CA$30m AI Contracts As Crypto Mining Slows

Simply Wall St

Sun, February 15, 2026 at 11:08 AM GMT+9 2 min read

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HIVE Digital Technologies (TSXV:HIVE) reports that its BUZZ High Performance Computing division has secured approximately $30 million in AI cloud computing contracts.

The agreements support HIVE's expansion of AI optimized GPU infrastructure, including its new deployment in Manitoba.

The company now positions itself as a provider of AI infrastructure alongside its existing crypto mining operations.

HIVE Digital Technologies has been known primarily for its crypto mining business, and this AI contract win puts more attention on its high performance computing segment. For investors watching the intersection of blockchain and AI infrastructure, HIVE is now presenting itself as a dual focused operator. The BUZZ division gives the company another way to use its GPU assets beyond traditional mining.

These contracts also highlight that there is customer demand for HIVE’s AI cloud offering, not just its crypto exposure. As the company rolls out its Manitoba GPU deployment, investors may watch how the mix of revenue between AI services and mining develops over time and how that affects the overall risk profile of TSXV:HIVE.

Stay updated on the most important news stories for HIVE Digital Technologies by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on HIVE Digital Technologies.

TSXV:HIVE Earnings & Revenue Growth as at Feb 2026

📰 Beyond the headline: 5 risks and 2 things going right for HIVE Digital Technologies that every investor should see.

Quick Assessment

**❌ Recent Momentum**: The share price has fallen about 36% over the last 30 days, so the market has been cautious even with the AI contract news.

There’s only one way to know the right time to buy, sell or hold HIVE Digital Technologies. Head to Simply Wall St’s company report for the latest analysis of HIVE Digital Technologies’s Fair Value.

Key Considerations

📊 The CA$30m AI cloud contracts show that HIVE is finding paying customers for its GPU infrastructure, which could gradually rebalance its mix away from pure crypto exposure.

📊 Keep an eye on how much AI related revenue BUZZ contributes, the utilization of new Manitoba GPUs, and whether HIVE's 16.1x P/E stays below the Canadian market multiple of 17.5x.

⚠️ Risks flagged include high non cash earnings, recent shareholder dilution and forecasts of sharp earnings declines, so watch how capital raises and accounting quality evolve as AI spending ramps up.

Dig Deeper

For the full picture including more risks and rewards, check out the complete HIVE Digital Technologies analysis. Alternatively, you can check out the community page for HIVE Digital Technologies to see how other investors believe this latest news will impact the company’s narrative.

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_ This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned._

Companies discussed in this article include HIVE.V.

Have feedback on this article? Concerned about the content? Get in touch with us directly._ Alternatively, email editorial-team@simplywallst.com_

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