secwatch.observer — SEC 8-K summary
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Issuer:     HIVE Digital Technologies Ltd. (HIVE)
CIK:        0001720424
Form:       8-K
Filed at:   2026-08-17T11:59:18+00:00
Accession:  0001062993-26-004447
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HIVE Q1 FY27 revenue $79.1M (+73.5% YoY); net loss $142.9M on $84.7M Swedish VAT provision
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- Revenue $79.1M, up 73.5% YoY; digital currency rev $72.1M (1,004 BTC, +147% YoY); HPC rev $7.1M (+52% seq).
- GAAP net loss $142.9M driven by $84.7M non-cash Swedish VAT provision, $53.7M depreciation, $7.1M SBC, $7.1M derivative FV change.
- Contracted GPU Cloud ARR ~$110M after $225M, 3-yr Bell AI Fabric/Cohere deal (2,304 GB200 GPUs); targeting $200M ARR by Q4 2026.
- Signed LOI for 32 MW Big Boden colocation (~$45M potential annual revenue); total HPC ARR pipeline ~$155M.
- Adjusted EBITDA $13.4M (17% of revenue); cash $208M; issued 9.86M ATM shares for $31.1M gross proceeds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720424/000106299326004447/0001062993-26-004447-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720424/000106299326004447/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-26-004447

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