secwatch.observer — SEC 8-K summary
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Issuer:     HIVE Digital Technologies Ltd. (HIVE)
CIK:        0001720424
Form:       8-K
Filed at:   2026-09-16T01:31:42+00:00
Accession:  0001062993-26-004970
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HIVE surpasses $1M daily revenue, appoints Mark Volk as BUZZ HPC SVP Revenue
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- Mark Volk appointed SVP Revenue at BUZZ HPC; reports to President/COO Craig Tavares.
- Avg daily revenue exceeded $1M since Aug 21, 2026 from hashrate + GPU services.
- GPU cloud ~$100k/day; mining ~12 BTC/day (~2% global network production).
- YTD closed $600M+ total contract value for GPU cloud; pipeline >$1B.
- Swedish Bitcoin mining (<5% daily revenue) to be wound down for HPC/AI repurposing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720424/000106299326004970/0001062993-26-004970-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720424/000106299326004970/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-26-004970

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer