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HIVE secures $129 million loan to buy Nvidia GPUs

Hive's BUZZ Alpha Cloud unit has obtained a three-year loan of $129 million at a 9.0 percent fixed rate. The funds will be used to purchase 2,303 Nvidia GB200 GPUs for a contract with Cohere.

HIVE+6.3%NVDA+0.9%

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  1. HIVE+6.3%HIVE Digital$2.02
  2. NVDA+0.9%NVIDIA$217.94

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