HIVE plans first HPC deployment in Paraguay for Q1

HIVE (NASDAQ: HIVE) is expanding its high performance compute (HPC) business line into Paraguay, where it currently operates 300 MW of bitcoin mining infrastructure. The new project, branded BUZZ Cloud, will be hosted within a Tier III data center in Asunción starting in the first quarter of 2026. HIVE has established a joint venture with a Paraguayan telecommunications company to launch the project. HIVE said the deployment targets academic institutions, financial firms, and healthcare providers across ...