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.

item 3.03item 5.04item 5.03item 7.01item 9.01

Source: SEC EDGAR

accession 0001062993-26-002517

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