HIVE Appoints Mark Volk to Scale BUZZ HPC's AI Cloud Business
Hive Digital Technologies, a Canadian Bitcoin miner and data center operator listed on the Nasdaq and Toronto Stock Exchange, has appointed Mark Volk as Senior Vice President of Revenue at its wholly owned subsidiary, BUZZ HPC. Volk will lead efforts to scale BUZZ HPC’s GPU-powered AI cloud services globally across enterprise, government, academic, and hyperscale markets. Volk brings over 30 years of experience in high-performance computing (HPC), AI infrastructure, and enterprise solutions. He previously led growth at Hewlett Packard Enterprise's HPC division to more than $2 billion in revenue and helped launch IBM’s first HPC Cloud SaaS offering. His recent consulting work with Hive contributed directly to BUZZ HPC securing a demand pipeline exceeding $1 billion. BUZZ HPC has already closed over $600 million in total contract value this year, including its largest deal—a five-year, $350 million agreement with an unnamed investment-grade enterprise customer. The company is also shifting focus from Bitcoin mining to AI and cloud services, planning to repurpose underutilized infrastructure for higher-value applications.
Tickers: $HIVE
Topics: AI Bitcoin Mining Cloud Computing HPC (High-Performance Computing)