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AI & Digital Assets

Beyond the hype

AI & Digital Assets

Canadian software, AI and digital-infrastructure listings judged by revenue quality, cash generation and dilution — not narrative.

Canada has a smaller technology bench than the U.S. but a real one: enterprise software, AI tooling, and a cluster of listed bitcoin-mining and high-performance-computing operators. Each needs the same test. Can the economics justify the price?

Research in this theme

Research brief / AI & Digital Assets

Beyond the hype. Where is the real value?

Two Canadian-listed companies, two very different business models, one test: can the economics justify the price?

7 min read

Relevant company profiles

Crypto mining (Scrypt: DOGE/LTC) / Early operating, unproven economics

Hyper Bit Technologies

CSEHYPEOTCHYPAF

Hyper Bit Technologies is a British Columbia company incorporated in 2018 that pivoted to crypto mining, adopting its current name in April 2025…

Basic shares outstanding
54,212,456Form 9, after the Aug 31, 2026 financing
Warrants
22,463,354Annual MD&A dated Sep 23, 2026
Latest filed cash
C$45,930Jul 31, 2026 (predates the Aug 31 raise)

Canadian dollars unless noted. The August 31 financing figure is gross proceeds, not current cash. The CSE profile share count is stale; the Form 9 count is used.

British Columbia, Canada Read profile

Enterprise software · AI search / Operating · recurring revenue

Coveo Solutions

TSXCVOU.S.Check broker / OTC

Coveo sells AI-powered search, recommendation and generative-answering software to enterprises, priced as a subscription.

Total revenue (quarter)
US$38.5MQ1 FY2027 (June 30, 2026)
SaaS subscription revenue (quarter)
US$37.4MQ1 FY2027
Cash & cash equivalents
US$107.1MJune 30, 2026

USD. Issuer-reported in the Q1 FY2027 results dated July 30, 2026.

Québec City, Québec Read profile

Digital infrastructure · bitcoin mining & HPC / Operating · capital-intensive

HIVE Digital

TSX.VHIVENasdaqHIVE

HIVE operates bitcoin-mining data centres and is building out high-performance computing capacity.

Total revenue (quarter)
US$79.1MQ1 FY2027 (June 30, 2026)
Cash & cash equivalents
US$208.0MJune 30, 2026
Net loss (US GAAP, quarter)
US$142.9MQ1 FY2027

USD. Issuer-reported in the Q1 FY2027 results dated August 15, 2026.

San Antonio, Texas (operations in Canada, Sweden, Paraguay) Read profile

Data & documents

Go to the primary source.

Use the current releases linked below. We do not display live market data, and a source directory is never a verified data snapshot.

  1. 1
    SEDAR+ public filings Canadian Securities Administrators · Filing-specific dates

    Quarterly financial statements and MD&A.

  2. 2
    EDGAR full-text search U.S. Securities and Exchange Commission · Living directory

    Cross-listed Canadian issuers file 40-F, 20-F, 10-K or 6-K documents here.