The company has appointed Craig Tavares as President and COO of Buzz HPC to spearhead its GPU Cloud and HPC services expansion.
Tavares brings over 20 years of digital infrastructure expertise and will lead the company into a $40B new market.
HIVE
Digital Technologies, the publicly listed Bitcoin (BTC) miner (NASDAQ: HIVE), has announced the appointment of Craig Tavares as President and Chief Operating
Officer of its Buzz HPC division, which focuses on GPU Cloud and
High-Performance Computing (HPC) services.
HIVE Taps Ex-Apple
Executive for Cloud Computing Expansion
The
appointment comes as HIVE, a sustainable blockchain and AI infrastructure
provider, aims to scale its HPC business to $100 million in revenue. Tavares
brings more than two decades of experience in digital infrastructure and cloud
services to the role.
Frank Holmes, Executive Chairman of HIVE
“With
his unique skillset of leadership, entrepreneurialism, and ethics, alongside
his explicit and tacit knowledge of digital infrastructure, cloud, and
high-performance computing, he is a true champion of our vision,” said
Frank Holmes, Co-Founder and Executive Chairman of Buzz HPC, a HIVE Digital
Technologies company.
Tavares's
career spans leadership roles at major technology companies, including Apple,
where he led product and program strategy for third-party clouds and data
centers. His experience includes launching a global cloud business at Aptum and
establishing partnerships with industry giants Microsoft and Amazon Web
Services.
The
decision follows the Wall Street-listed Bitcoin mining company's fourth-quarter
earnings report, which
showed $29.2 million in revenue and an adjusted EBITDA of $17.3 million.
Although these figures are slightly lower than the previous year’s results, the
company has increased its Bitcoin reserves, now holding 2,805 tokens worth
approximately $260.8 million.
AI and HPC Move
The new
executive's appointment aligns with HIVE's strategy to strengthen its position
in the rapidly evolving cloud computing market. The company currently operates
a sovereign AI GPU platform powered by renewable energy, which it plans to
expand under Tavares's leadership.
“Buzz
already provides one of the industry's highest-performance Sovereign AI GPU
platforms,” Tavares said. “We will expand it through vertically
integrated infrastructure and a suite of differentiated HPC service
offerings.”
According
to the recent analysis from VanEck, the HPC move seen in the Bitcoin mining
industry may
unlock almost $40 billion in value for publicly traded miners.
In
conjunction with the appointment, HIVE announced the granting of 1,090,000
Restricted Share Units (RSU) to select employees, officers, directors, and
consultants, including Tavares. The RSUs are subject to a one-year vesting
period under TSX Venture Exchange regulations.
HIVE
Digital Technologies, the publicly listed Bitcoin (BTC) miner (NASDAQ: HIVE), has announced the appointment of Craig Tavares as President and Chief Operating
Officer of its Buzz HPC division, which focuses on GPU Cloud and
High-Performance Computing (HPC) services.
HIVE Taps Ex-Apple
Executive for Cloud Computing Expansion
The
appointment comes as HIVE, a sustainable blockchain and AI infrastructure
provider, aims to scale its HPC business to $100 million in revenue. Tavares
brings more than two decades of experience in digital infrastructure and cloud
services to the role.
Frank Holmes, Executive Chairman of HIVE
“With
his unique skillset of leadership, entrepreneurialism, and ethics, alongside
his explicit and tacit knowledge of digital infrastructure, cloud, and
high-performance computing, he is a true champion of our vision,” said
Frank Holmes, Co-Founder and Executive Chairman of Buzz HPC, a HIVE Digital
Technologies company.
Tavares's
career spans leadership roles at major technology companies, including Apple,
where he led product and program strategy for third-party clouds and data
centers. His experience includes launching a global cloud business at Aptum and
establishing partnerships with industry giants Microsoft and Amazon Web
Services.
The
decision follows the Wall Street-listed Bitcoin mining company's fourth-quarter
earnings report, which
showed $29.2 million in revenue and an adjusted EBITDA of $17.3 million.
Although these figures are slightly lower than the previous year’s results, the
company has increased its Bitcoin reserves, now holding 2,805 tokens worth
approximately $260.8 million.
AI and HPC Move
The new
executive's appointment aligns with HIVE's strategy to strengthen its position
in the rapidly evolving cloud computing market. The company currently operates
a sovereign AI GPU platform powered by renewable energy, which it plans to
expand under Tavares's leadership.
“Buzz
already provides one of the industry's highest-performance Sovereign AI GPU
platforms,” Tavares said. “We will expand it through vertically
integrated infrastructure and a suite of differentiated HPC service
offerings.”
According
to the recent analysis from VanEck, the HPC move seen in the Bitcoin mining
industry may
unlock almost $40 billion in value for publicly traded miners.
In
conjunction with the appointment, HIVE announced the granting of 1,090,000
Restricted Share Units (RSU) to select employees, officers, directors, and
consultants, including Tavares. The RSUs are subject to a one-year vesting
period under TSX Venture Exchange regulations.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
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#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
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While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
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What sources does the Finance Magnates newsroom rely on before publishing a story? #FinanceNews
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the editorial process: direct industry sources, reports, regulators, social media signals, and thorough cross-checking before anything goes live.
📰 Industry sources
📊 Reports & regulators
🔎 Verification before publication
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the editorial process: direct industry sources, reports, regulators, social media signals, and thorough cross-checking before anything goes live.
📰 Industry sources
📊 Reports & regulators
🔎 Verification before publication
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- What truly sets award-winning trading infrastructure apart
- Key trends shaping institutional trading, including technology and AI
- The importance of transparency, ethics, and reputation in long-term success
- OnePrime’s vision for growth over the next 12–24 months
Fresh from winning Finance Magnates’ Best Trading Infrastructure Broker, Jerry explains how experience, mentorship, and real-world problem solving form the “special sauce” behind OnePrime’s institutional offering.
🏆 Award Highlight: Best Trading Infrastructure Broker
👉 Subscribe to Finance Magnates for more executive interviews, market insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #OnePrime #InstitutionalTrading #Liquidity #TradingInfrastructure #ExecutiveInterview
Recorded live at FMLS:25 London, this exclusive executive interview features Jerry Khargi, Executive Director at OnePrime, in conversation with Andrea Badiola Mateos from Finance Magnates.
In this in-depth discussion, Jerry shares:
- OnePrime’s journey from a retail-focused business to a global institutional liquidity provider
- What truly sets award-winning trading infrastructure apart
- Key trends shaping institutional trading, including technology and AI
- The importance of transparency, ethics, and reputation in long-term success
- OnePrime’s vision for growth over the next 12–24 months
Fresh from winning Finance Magnates’ Best Trading Infrastructure Broker, Jerry explains how experience, mentorship, and real-world problem solving form the “special sauce” behind OnePrime’s institutional offering.
🏆 Award Highlight: Best Trading Infrastructure Broker
👉 Subscribe to Finance Magnates for more executive interviews, market insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #OnePrime #InstitutionalTrading #Liquidity #TradingInfrastructure #ExecutiveInterview
How does the Finance Magnates newsroom decide which updates are worth covering? #financenews
How does the Finance Magnates newsroom decide which updates are worth covering? #financenews
What makes an update worth covering in financial media?
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, editorial focus starts with relevance: stories that serve the industry, support brokers and technology providers, and help decision-makers navigate their businesses.
A reminder that strong financial journalism is built on value, not volume.
What makes an update worth covering in financial media?
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, editorial focus starts with relevance: stories that serve the industry, support brokers and technology providers, and help decision-makers navigate their businesses.
A reminder that strong financial journalism is built on value, not volume.
