HIVE Digital Technologies Welcomes Craig Tavares as President and Chief Operating Officer of Buzz HPC to Lead Growth in HPC and GPU Cloud Services

Core Viewpoint - HIVE Digital Technologies has appointed Craig Tavares as President and Chief Operating Officer of Buzz HPC to drive growth in High-Performance Computing (HPC) and GPU Cloud services [1][6]. Group 1: Appointment and Leadership - Craig Tavares brings over 20 years of experience in digital infrastructure, with a strong background in data centers, cloud, telecom, and energy industries [2]. - Tavares has held leadership roles at various companies, including Cogeco and Aptum, where he managed global data centers and launched cloud businesses [3][4]. - His appointment is expected to help scale Buzz HPC's business to $100 million in revenue, leveraging his expertise in digital infrastructure and HPC [5]. Group 2: Strategic Vision - Tavares aims to enhance Buzz HPC's offerings by utilizing high-quality assets to meet demanding workloads, focusing on renewable energy-powered AI GPU platforms [6]. - HIVE Digital Technologies is confident that Tavares' leadership will accelerate growth in the cloud and HPC data center markets [6]. Group 3: Employee Incentives - HIVE is granting 1,090,000 Restricted Share Units (RSUs) to select employees, including Tavares, to align interests with the company's long-term success [9]. - The RSUs will remain non-tradable for one year, promoting sustainable and responsible growth within the organization [8][9]. Group 4: Company Overview - HIVE Digital Technologies is a leader in sustainable blockchain and AI infrastructure, known for its environmentally friendly operations in cryptocurrency mining and AI computing [10].