RETRANSMISSION: 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 GPU Cloud and High-Performance Computing (HPC) 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, where he managed a portfolio of 20 global data centers and launched a global cloud business at Aptum [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 expressed enthusiasm about joining Buzz HPC, aiming to enhance the HPC cloud and data center business by utilizing high-quality assets for demanding workloads [6]. - The company already offers a high-performance Sovereign AI GPU platform powered by renewable energy, with plans to expand its service offerings [6]. Group 3: Incentives and Employee Engagement - 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 commitment to reducing environmental impact while advancing digital asset mining and AI computing [10].