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Seeking Alpha 2021-07-01 16:34:22

HIVE Blockchain enters pact for $66M of NVIDIA GPUs

da-kuk/E+ via Getty ImagesHIVE Blockchain Technologies (([[HVBTF]])) joins NVIDIA's (NVDA) partners network Cloud Service Provider program and enters into purchasing agreements for NVIDIA GPU's with a total contract value of $66M.The cards will be delivered over the remaining months of 2021 with deliveries rising each month.HIVE's goal is to expand into enterprise cloud services focused on high performance computing workloads, with access to NVIDIA's ecosystem, partners, customers, and deep industry expertise.Frank Holmes, executive chairman of HIVE, says, "Our investment in NVIDIA GPUs strengthens HIVE to remain nimble and gives us the power to pivot in this ever changing and dynamic industry."Bitcoin (BTC-USD) is down 2.4% from yesterday.Previously, (June 17) Nasdaq approves HIVE's uplisting.

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