HIVE Digital Appoints Revenue Chief as BUZZ Exceeds $1M Daily Revenue
HIVE Digital Technologies' Executive Chairman Frank Holmes revealed that the company's subsidiary, BUZZ High Performance Computing (BUZZ HPC), has appointed Mark Volk as Senior Vice President, Revenue. This move aims to accelerate commercialization efforts and strengthen the company's position in the rapidly growing AI infrastructure market.
Volk brings nearly three decades of experience building and scaling businesses across artificial intelligence, high-performance computing, cloud infrastructure, and enterprise technology. His primary mandate will be to build and scale BUZZ HPC's revenue engine globally while expanding adoption of its AI-focused infrastructure offerings.
Alongside the executive appointment, HIVE announced that it has now exceeded $1 million in average daily revenue from its combined Bitcoin mining and GPU cloud computing operations. The company produces an average of approximately 12 Bitcoin per day, representing roughly 2% of global Bitcoin network production.