HIVE Tops $1M in Daily Revenue, Hires HPE Veteran Volk for BUZZ HPC
HIVE says combined Bitcoin mining and GPU cloud revenue passed $1 million a day, names Mark Volk revenue chief, and will wind down Swedish mining.
HIVE Digital Technologies (HIVE) said its combined Bitcoin mining and GPU cloud operations surpassed $1 million in daily revenue on August 21, 2026, while appointing Mark Volk as Senior Vice President, Revenue at wholly owned subsidiary BUZZ High Performance Computing. The company also signalled it intends to wind down Bitcoin mining at its Swedish facilities and evaluate repurposing that infrastructure for AI and HPC use.
