other material
confidence high
sentiment positive
materiality 0.45
HIVE subsidiary BUZZ contracts $3.1M fiber upgrade for Grand Falls AI factory
HIVE Digital Technologies Ltd.
- BUZZ contracted fiber optic overbuild at Grand Falls Data Centre; $3.1M capital commitment over 5 years.
- Delivery of 100 Gbps and 400 Gbps connections expected to begin Q3 2026.
- Grand Falls to become 50 MW Tier III+ AI factory for enterprise and sovereign workloads.
- Proceeds from recent $115M 0% exchangeable note used for GPU AI and HPC growth.
- Articles amended to require 33 1/3% share ownership for quorum, effective May 11, 2026.