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October 28, 2026 6:35 am
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Nasdaq-listed Canadian crypto miner Hive Digital Technologies (HIVE) said it entered into a roughly $129 million loan agreement to expand its artificial intelligence infrastructure. Through its subsidiary BUZZ HPC, the company will borrow the funds for three years at a fixed 9% annual rate and plans to use them to buy AI infrastructure including Nvidia GPUs.
The infrastructure will be deployed under a three-year contract with Canadian AI company Cohere. According to BitcoinTreasuries.net, Hive currently holds 150 BTC.