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Why is HIVE stock soaring today and what comes next?
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Why is HIVE stock soaring today and what comes next?
HIVE Digital (HIVE) shares soared on Monday morning as investors reacted to the firm’s recently announced pivot from BTC mining into AI and high-performance computing (HPC) infrastructure.Late last week, HIVE said its wholly owned subsidiary, BUZZ HPC, signed a massive three-year commercial contract valued at about $220 million.According to the press release, BUZZ will deploy 2,304 Nvidia Grace Blackwell GPU (configured as GB200 NVL72 rack-scale…
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