HIVE Digital Technologies is expanding its artificial intelligence infrastructure. CEO Aydin Kilic stated that a $30 million GPU cluster deal based on Nvidia's Blackwell architecture has increased the company's annual revenue from $20 million to $35 million. Due to tax issues, the company has ceased its Bitcoin mining operations in Sweden and has secured a 5-megawatt lease in British Columbia, which Kilic estimates will generate $60 million in annual revenue. He pointed out that the demand for computing power continues to outpace supply, with buyers seeking to sign multi-year contracts for thousands of GPUs.

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