Hive Digital Pivoting Deeper Into HPC And Robotics For Long-Term Growth

Michael Del Monte6.78K FollowersFollow5ShareSaveCommentsSummaryHive Digital Technologies (HIVE) is pivoting toward high-growth HPC hosting and industrial robotics, targeting edge computing for AI-enabled robotics through a strategic ACM Robotics partnership.Expanding HPC exposure may help decouple from bitcoin price volatility by scaling its GPU business and expanding data center capacity, with a goal of 11,000 GPUs by end of 2026.Management targets $225mm ARR in cloud and HPC colocation, up from $20mm currently, leveraging Nvidia Blackwell B200 GPUs and expanded Canadian infrastructure.I assign HIVE a Buy rating and $2.82 price target (6.24x eFY27 EV/aEBITDA), citing operational leverage, financial flexibility, and long-term growth prospects. bizoo_n/iStock Editorial via Getty Images Hive Digital Technologies (HIVE) is transforming operations more towards high-growth markets for high-performance computing [HPC] hosting and industrial robotics. With its recently announced partnership with ACM Robotics Corporation, Hive may be entering the market for edge computingThis article was written byMichael Del Monte6.78K FollowersFollowMonte Independent Investment Research: Michael Del Monte is a buy-side equity analyst with expertise in the technology, energy, industrials, and materials sectors. Prior to working in the investment management industry, Michael spent over a decade in professional services working across industries that include O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.