HIVE, a Canadian bitcoin miner, is seeing its stock rise after signing a three-year AI infrastructure deal worth $220 million with Bell Canada and Cohere. Multiple outlets report that the agreement is designed to provide sovereign AI computing capacity in Canada and reflects HIVE’s shift away from primarily bitcoin mining toward high-performance GPU cloud services. CoinDesk and Decrypt describe the deal as a landmark GPU contract aimed at supporting Canada’s efforts to build AI systems it controls. The Block adds specific operational details, saying the contract is for deployment of 2,304 NVIDIA Blackwell GPUs across Canada, with delivery expected by early 2027. The Block also reports HIVE expects roughly $70 million in annual revenue tied to the contract. Together, the accounts indicate HIVE will supply GPU compute capacity through a multi-year arrangement, while Bell and Cohere are positioned as partners in delivering or using the AI infrastructure. The companies involved and the contract structure are consistent across the coverage, with the main differences centering on emphasis rather than core facts.