HIVE Surpasses $1 Million Daily Revenue Threshold, Eyes AI Compute Expansion
HIVE Digital Technologies Ltd. (TSX: HIVE) (NASDAQ: HIVE) (BVC: HIVECO) has announced that it has crossed a significant threshold, achieving more than $1 million in average daily revenue from its combined production of hashrate services and GPU cloud services.
This milestone was achieved on August 21, 2026, and since then, the company has produced an average of approximately 12 Bitcoin per day, which is roughly 2.7% of global Bitcoin network production, according to calculations based on publicly available data.
The $1 million daily revenue run-rate is dependent on prevailing Bitcoin prices, network difficulty, and current operating conditions.
As part of this announcement, HIVE also introduced Mark Volk as Senior Vice President, Revenue at BUZZ High Performance Computing Inc. (BUZZ HPC), a wholly owned subsidiary of HIVE built to sell compute capacity to AI and enterprise customers.