🇨🇦HIVE subsidiary BUZZ Alpha Cloud signed a $129 million credit-facility agreement for Canadian AI infrastructure at a single-digit fixed rate.

HIVE Digital Technologies announced that BUZZ Alpha Cloud Inc. entered into a Loan and Security Agreement with an institutional lender. The corporate structure matters: BUZZ High Performance Computing Inc. is wholly owned by HIVE, while the borrower, BUZZ Alpha Cloud, is an indirect subsidiary.

HPCwire identifies the financing as a $129 million credit facility for Canadian AI infrastructure. The announced pricing is a single-digit fixed interest rate; the supplied excerpt does not specify the exact rate or identify the lender.

The confirmed transaction stage is an executed credit-facility agreement, not evidence that the entire facility has been drawn. The excerpt does not disclose maturity, drawdown conditions, specific collateral, conversion or dilution provisions, hardware purchases, or deployment timing.