---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-26-004522"
form_type: "8-K"
ticker: "HIVE"
cik: "0001720424"
company_name: "HIVE Digital Technologies Ltd."
filed_at: "2026-08-19T21:17:07+00:00"
generated_at: "2026-08-19T21:18:11.469213+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# BUZZ HPC signs $350M 5-year GPU cloud deal with investment-grade customer

## Summary
- Five-year GPU cloud services agreement with investment-grade enterprise customer; $350M TCV, ~$70M annualized revenue.
- Deployment: 2,016 NVIDIA Blackwell Ultra GPUs in GB300 NVL72 systems at Bell AI Fabric, Merritt, BC; operational Q4 2026.
- Capex ~$185M; customer deposit ~10% ($35M) of TCV; HIVE retains ownership of AI infrastructure.
- Total BUZZ HPC ARR ~$180M: ~$35M active today + ~$145M contracted; year-end target $200M ARR.
- Funding uses June 2026 0% convertible bond proceeds and debt financing to lever GPU purchase.

## SEC filing metadata
- accession: 0001062993-26-004522
- form_type: 8-K
- ticker: HIVE
- cik: 0001720424
- company_name: HIVE Digital Technologies Ltd.
- filed_at: 2026-08-19T21:17:07+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1720424/000106299326004522/0001062993-26-004522-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1720424/000106299326004522/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-26-004522
- JSON: https://secwatch.observer/filing/0001062993-26-004522.json
- Plain text: https://secwatch.observer/filing/0001062993-26-004522.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.