• HIVE Digital Technologies’ indirect subsidiary BUZZ Alpha Cloud secured approximately USD 129 million from an institutional lender to finance sovereign AI infrastructure.
• The three-year facility carries a fixed annual interest rate of 9%, with principal and interest amortizing over its term.
• Financing covers approximately 80% of a USD 165 million NVIDIA GB200 cluster supporting Cohere’s three-year, USD 225 million contract.
• Collateral comprises GPUs and related assets; BUZZ HPC provides a limited recourse guarantee and pledges its equity in BUZZ Alpha Cloud.
• Proceeds from previously issued 0% interest convertible bonds will fund the remaining equity contribution; GPU delivery is expected in late Q4 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HIVE Digital Technologies Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610280100NEWSFILECNPR____20261028_321375_1) on October 28, 2026, and is solely responsible for the information contained therein.