Tether-Backed Northern Data Striking Deals To Sell Its Crypto-Mining Arm: Bloomberg
Northern Data AG, a software company in Frankfurt, Germany, is nearing an agreement to sell its crypto mining operations as ...
Tag: Northern
Northern Data Considers Selling Crypto Mining Unit to Fund AI Venture
Northern Data, a German data center company, is considering selling its crypto mining arm, Peak Mining Frankfurt, to focus on ...
Northern Data embraces AI boom, mulls ditching Bitcoin mining roots
Europe’s largest Bitcoin miner, Northern Data, is exploring the potential divestment of its mining division, Peak Mining, as part of ...
Tether-backed Northern Data explores sale of crypto mining arm to boost AI growth
Northern Data AG is exploring the sale of its Peak Mining unit to refocus on artificial intelligence solutions. Northern Data, ...
Northern Data reports 22% revenue increase in Q2 despite Bitcoin halving
Northern Data announced that its revenue in the second quarter surged by 22%, defying expectations despite the impact of the ...
Bitcoin miner Northern Data moves to dismiss ex-employees’ lawsuit
Northern Data refutes fraud allegations by former employees. The firm has moved to dismiss the allegations to pave for its ...
Bitcoin Miner Northern Data AG Announces 20% Capital Increase With a $233M Investment From Tether
On Monday, Northern Data AG said it has resolved to increase its share capital by 20%, planning to raise €214 ...
Bitcoin miner Northern Data to issue 10.7m new shares to boost cloud platform expansion
European Bitcoin mining company Northern Data AG has announced plans to raise €214 million through a 20% capital increase, issuing ...
Northern Data saw revenue drop to €77.5 million, mined 2,298 BTC in 2023
Northern Data Group reported a net revenue of €77.5 million for the 2023 fiscal year, down from €193.3 million in ...
Europe’s largest Bitcoin miner Northern Data to launch IPO in the US
Europe’s largest Bitcoin miner, Northern Data AG, has announced plans for a substantial initial public offering (IPO) in the US ...
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