HIVE's Frank Holmes says governments, not Bitcoin, are the biggest risk to the AI buildout
HIVE Digital Technologies' Frank Holmes says government policies, not Bitcoin prices, are the biggest risk to their AI expansion. HIVE operates Bitcoin mining and AI data centers, reporting Q2 2026 revenue of $79.1M, up 73.5% YoY, but a net loss of $142.9M due to Swedish tax disputes. Holmes highlights the higher capital costs and risks of AI data centers compared to Bitcoin mining.




