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HIVE Digital Technologies Appoints New President for Buzz HPC and Announces Incentive Grants

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HIVE Digital Technologies Appoints New President for Buzz HPC and Announces Incentive Grants

An update from HIVE Digital Technologies ( (TSE:HIVE) ) is now available.

HIVE Digital Technologies Ltd. announced the appointment of Craig Tavares as President and Chief Operating Officer of Buzz HPC on February 18, 2025. Tavares, with over 20 years of experience in digital infrastructure, will lead the GPU Cloud and High-Performance Computing (HPC) data center business, aiming to scale the HPC business to $100M in revenue. The company also granted 1,090,000 Restricted Share Units (RSUs) to select employees, officers, directors, and eligible consultants to align interests with long-term success and promote sustainable growth.

More about HIVE Digital Technologies

HIVE Digital Technologies Ltd. is a pioneering technology company focused on sustainable blockchain and AI infrastructure powered by green energy. As the first cryptocurrency miner to go public on the TSX Venture Exchange in 2017, HIVE has expanded into a global leader in digital asset mining and AI computing, with operations in Canada, Sweden, and soon Paraguay.

YTD Price Performance: -43.04%

Average Trading Volume: 10,291,316

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $278.3M

Learn more about HIVE stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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