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Shares Jump as Company Joins Cloud Partner Network

A strategic partnership with a significant cloud supplier helps this firm develop within the dynamic blockchain house.

HIVE Blockchain Technologies Ltd. (TSX-Venture:HIVE) (OTCPK:HVBT) introduced buy agreements value over US $66 million after becoming a member of the NVIDIA Partner Network Cloud Service Provider program.

This partnership will assist HIVE broaden into Enterprise Cloud providers and permit entry to NVIDIA’s ecosystem, companions, prospects and deep trade experience. HIVE’s dedication contains plans to buy NVIDIA GPUs with a complete contract worth of over $66 million U.S., to be delivered over the remaining months of calendar 2021 with deliveries arriving every month.

HIVE was the primary blockchain firm to go public in 2017, based on the agency’s Executive Chairman. Shares had been up over 4% in Thursday commerce.

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