HIVE Digital vs T. Rowe Price: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

HIVE Digital Technologies Ltd (HIVE)

Q3 202626 Jun – 18 Aug 2026

▲3▼1

HIVE's AI cloud deals surge as funding and tax risks build

Nvidia $350M AI cloud contract HIVE signed a five-year, $350M AI cloud deal with Nvidia, adding about $70M in yearly revenue and lifting total contracted AI revenue to roughly $180M. This is the clearest sign its pivot from Bitcoin mining to AI computing is working, and the stock jumped 14% on the news.
This is the biggest new contract and the main reason the stock moved, directly answering what is driving HIVE now.
Fiscal Q1 revenue jumps 74% HIVE's quarterly revenue rose 73.5% to $79.1M, with Bitcoin mining up 77% and AI cloud revenue up 52%. Adjusted EBITDA was positive at $13.4M and cash stood at $208M, showing the core business is growing and generating cash despite a large accounting loss.
The earnings report is new and shows the underlying business strength that supports the stock, separate from one-time charges.
Swedish tax dispute and GPU funding gap A Swedish VAT ruling led HIVE to book an $84.7M non-cash charge, turning the quarter into a $142.9M net loss. Analysts also flagged about $276M still needed to fund GPU purchases. These are real cash and dilution risks that could weigh on the stock.
This is the main counterweight to the positive AI news and a key uncertainty investors need to know about.
Sector-wide AI infrastructure pivot Former Bitcoin miners like Hut 8, IREN and HIVE are signing huge long-term AI contracts, with HIVE's $350M Nvidia deal part of this trend. This shift gives HIVE access to stable, contracted revenue, but analysts warn dilution and execution risks remain across the sector.
It shows the broader industry force behind HIVE's move and gives context for why investors are re-rating these stocks.

July 202626 Jun – 18 Aug 2026

▲3▼1

HIVE's AI cloud deals surge as funding and tax risks build

Nvidia $350M AI cloud contract HIVE signed a five-year, $350M AI cloud deal with Nvidia, adding about $70M in yearly revenue and lifting total contracted AI revenue to roughly $180M. This is the clearest sign its pivot from Bitcoin mining to AI computing is working, and the stock jumped 14% on the news.
This is the biggest new contract and the main reason the stock moved, directly answering what is driving HIVE now.
Fiscal Q1 revenue jumps 74% HIVE's quarterly revenue rose 73.5% to $79.1M, with Bitcoin mining up 77% and AI cloud revenue up 52%. Adjusted EBITDA was positive at $13.4M and cash stood at $208M, showing the core business is growing and generating cash despite a large accounting loss.
The earnings report is new and shows the underlying business strength that supports the stock, separate from one-time charges.
Swedish tax dispute and GPU funding gap A Swedish VAT ruling led HIVE to book an $84.7M non-cash charge, turning the quarter into a $142.9M net loss. Analysts also flagged about $276M still needed to fund GPU purchases. These are real cash and dilution risks that could weigh on the stock.
This is the main counterweight to the positive AI news and a key uncertainty investors need to know about.
Sector-wide AI infrastructure pivot Former Bitcoin miners like Hut 8, IREN and HIVE are signing huge long-term AI contracts, with HIVE's $350M Nvidia deal part of this trend. This shift gives HIVE access to stable, contracted revenue, but analysts warn dilution and execution risks remain across the sector.
It shows the broader industry force behind HIVE's move and gives context for why investors are re-rating these stocks.

Latest26 Jun – 18 Aug 2026

▲3▼1

HIVE's AI cloud deals surge as funding and tax risks build

Nvidia $350M AI cloud contract HIVE signed a five-year, $350M AI cloud deal with Nvidia, adding about $70M in yearly revenue and lifting total contracted AI revenue to roughly $180M. This is the clearest sign its pivot from Bitcoin mining to AI computing is working, and the stock jumped 14% on the news.
This is the biggest new contract and the main reason the stock moved, directly answering what is driving HIVE now.
Fiscal Q1 revenue jumps 74% HIVE's quarterly revenue rose 73.5% to $79.1M, with Bitcoin mining up 77% and AI cloud revenue up 52%. Adjusted EBITDA was positive at $13.4M and cash stood at $208M, showing the core business is growing and generating cash despite a large accounting loss.
The earnings report is new and shows the underlying business strength that supports the stock, separate from one-time charges.
Swedish tax dispute and GPU funding gap A Swedish VAT ruling led HIVE to book an $84.7M non-cash charge, turning the quarter into a $142.9M net loss. Analysts also flagged about $276M still needed to fund GPU purchases. These are real cash and dilution risks that could weigh on the stock.
This is the main counterweight to the positive AI news and a key uncertainty investors need to know about.
Sector-wide AI infrastructure pivot Former Bitcoin miners like Hut 8, IREN and HIVE are signing huge long-term AI contracts, with HIVE's $350M Nvidia deal part of this trend. This shift gives HIVE access to stable, contracted revenue, but analysts warn dilution and execution risks remain across the sector.
It shows the broader industry force behind HIVE's move and gives context for why investors are re-rating these stocks.

T. Rowe Price Group Inc (TROW)

Q3 202616 Jul – 29 Jul 2026

▲2

T. Rowe Price expands into crypto and private markets with new funds

Crypto ETF launch T. Rowe Price launched its first actively managed multi-token crypto ETF (TKNZ) on NYSE Arca, holding Bitcoin, Ethereum, and others. This opens a new fee stream and attracts fresh investor money, pushing TROW's price up as it shows innovation beyond traditional funds.
This is a new product launch that directly expands TROW's offerings and potential revenue.
Private markets interval fund T. Rowe Price partnered with Goldman Sachs to launch a private markets interval fund for retail investors, with a low minimum. This broadens TROW's reach into alternative investments and taps new client segments, supporting future fee growth and a higher stock price.
This is a new partnership and product that expands TROW's addressable market.

July 202616 Jul – 29 Jul 2026

▲2

T. Rowe Price expands into crypto and private markets with new funds

Crypto ETF launch T. Rowe Price launched its first actively managed multi-token crypto ETF (TKNZ) on NYSE Arca, holding Bitcoin, Ethereum, and others. This opens a new fee stream and attracts fresh investor money, pushing TROW's price up as it shows innovation beyond traditional funds.
This is a new product launch that directly expands TROW's offerings and potential revenue.
Private markets interval fund T. Rowe Price partnered with Goldman Sachs to launch a private markets interval fund for retail investors, with a low minimum. This broadens TROW's reach into alternative investments and taps new client segments, supporting future fee growth and a higher stock price.
This is a new partnership and product that expands TROW's addressable market.

Latest16 Jul – 29 Jul 2026

▲2

T. Rowe Price expands into crypto and private markets with new funds

Crypto ETF launch T. Rowe Price launched its first actively managed multi-token crypto ETF (TKNZ) on NYSE Arca, holding Bitcoin, Ethereum, and others. This opens a new fee stream and attracts fresh investor money, pushing TROW's price up as it shows innovation beyond traditional funds.
This is a new product launch that directly expands TROW's offerings and potential revenue.
Private markets interval fund T. Rowe Price partnered with Goldman Sachs to launch a private markets interval fund for retail investors, with a low minimum. This broadens TROW's reach into alternative investments and taps new client segments, supporting future fee growth and a higher stock price.
This is a new partnership and product that expands TROW's addressable market.