HIVE Digital quietly trades hashprice for GPU hours

HIVE Digital is transitioning away from Bitcoin mining due to hostile Swedish tax rules and halving risks, instead quadrupling its Canadian AI data center capacity to focus on contracted GPU revenue. This shift represents an acknowledgment that the traditional Bitcoin-only mining model faces significant challenges.

• →HIVE Digital is winding down Bitcoin mining operations under pressure from Swedish tax regulations
• →The company is quadrupling its Canadian AI data center capacity to pivot toward GPU-based revenue
• →HIVE is swapping Bitcoin halving risk for more stable contracted GPU hours revenue model
• →The move signals that traditional Bitcoin-only mining models are becoming less viable
• →The transition represents a strategic shift from crypto mining to AI infrastructure services