HIVE Digital Surpasses $1 Million in Daily Revenue with Combined Hashrate and GPU Cloud Operations
HIVE Digital Technologies Ltd. has hit a major milestone in its combined hashrate and GPU cloud operations, exceeding $1 million in average daily revenue as of August 21, 2026.
The company's revenue run-rate is equivalent to approximately 12 Bitcoin per day, accounting for roughly 2% of the global Bitcoin network production. The combined businesses have generated an average daily revenue exceeding $1 million based on prevailing Bitcoin prices, network difficulty, and current operating conditions.
This achievement marks a significant milestone for HIVE Digital, providing the first concrete indication of its dual-engine model's cash-generating power. With a $1 million daily run-rate, the company's annualized revenue would be around $365 million, though actual recognized revenue will vary with Bitcoin prices, network difficulty, and contract timing.
HIVE has also appointed Mark Volk as Senior Vice President of Revenue at its subsidiary BUZZ High Performance Computing Inc. Volk brings nearly three decades of experience in AI, HPC, cloud, and enterprise infrastructure to the role and will lead global go-to-market strategy across various markets, including sovereign AI, hyperscale, research, and academic sectors.