HIVE Digital Surpasses $1 Million in Average Daily Revenue

HIVE Digital Technologies has exceeded $1 million in average daily revenue by combining Bitcoin production with GPU cloud services operated through its BUZZ HPC subsidiary, according to CoinMarketCap.

The company said its combined revenue has surpassed the $1 million threshold based on preliminary, unaudited management estimates. Since August 21, 2026, HIVE has produced an average of approximately 12 Bitcoin per day, while its GPU cloud operations have generated approximately $100,000 in average daily revenue.

HIVE Combines Bitcoin Mining With GPU Cloud Revenue

HIVE said the approximately 12 BTC produced each day represents roughly 2% of global Bitcoin network production. The company’s GPU cloud business, operated through wholly owned subsidiary BUZZ HPC, has added approximately $100,000 in average daily revenue over the same period.

The combined performance illustrates HIVE’s strategy of operating Bitcoin mining and high-performance computing infrastructure as two revenue-generating businesses. Bitcoin mining provides the company with a source of cash flow linked to digital-asset markets, while BUZZ HPC is being developed around demand for AI and high-performance computing capacity.

The milestone comes as HIVE continues expanding its HPC operations. In August, the company announced a five-year GPU cloud services agreement worth approximately $350 million in total contract value with an investment-grade enterprise customer. The agreement added approximately $70 million in annualized revenue and brought BUZZ HPC’s total annualized revenue to approximately $180 million, including contracted revenue expected to come online through Q4 2026.

BUZZ HPC Expands HIVE’s AI Infrastructure Strategy

HIVE’s latest figures show how Bitcoin miners are financial increasingly using existing power and data-center infrastructure for AI and HPC applications. The company has described the approach as a dual-engine model combining Bitcoin mining with AI infrastructure.

HIVE is also evaluating changes to its infrastructure portfolio. Its Swedish Bitcoin mining operations represented less than 5% of the company’s global daily revenue during August, and HIVE said it intends to wind down mining at those facilities while evaluating their potential repurposing for higher-value HPC and AI applications.

The shift creates a markets different revenue mix for HIVE, but the company’s latest daily figures remain sensitive to Bitcoin prices, network difficulty and operating conditions. The next important indicator will be whether BUZZ HPC can continue converting its growing contracted pipeline into recurring revenue while HIVE maintains its Bitcoin production levels.

Writer: Victoria Hale
Technology & Blockchain Writer

Victoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.

She prioritises clarity and accuracy when explaining technical developments to a general audience.