Northern Data, a Germany-based company specializing in crypto mining and artificial intelligence, announced plans to consider selling its Peak Mining unit to strengthen its position as a dedicated AI solutions provider, with backing from stablecoin issuer Tether. In a press release published today, October 21, the company explained that this ...
In its recently released financial report for the second quarter of 2024, European Bitcoin miner Northern Data reaffirmed that it is still on track with its full-year financial goals. The company reported revenue of EUR 26 million for Q2 2024, bringing its total revenue for the first half of the ...
Northern Data AG, a Bitcoin mining company based in Frankfurt, has announced a strategic move to bolster its operations with a substantial capital increase. The company aims to raise approximately €214 million by issuing 10,699,446 new bearer shares, equivalent to 20% of its current share capital. According to a press ...
German Bitcoin mining and cloud computing firm Northern Data AG is reportedly planning an initial public offering (IPO) in the United States, with ambitions to achieve a valuation of up to $16 billion. This information comes from a Bloomberg report published on July 1, citing sources familiar with the matter. ...
