☎️NORTHERN DATA IPO SU NASDAQ

Giorno: 02 luglio 2024 | Ora : 07:43 Northern Data, a German Bitcoin miner and cloud computing company, is considering an initial public offering (IPO) for its cloud computing and data center businesses on the Nasdaq in the first half of 2025. The company is seeking a valuation of up to $16 billion. Northern Data's Bitcoin mining business, Peak Mining, may also be listed separately. The company has contacted advisers about the IPO but plans may change. Northern Data is one of several Bitcoin miners that has expanded into the AI space. In November 2023, the company secured $610 million in debt financing from Tether.

German Bitcoin miner and cloud computing company, Northern Data, is contemplating going public with an initial public offering (IPO) for its cloud computing and data center businesses on the Nasdaq in the first half of 2025. The company aims to achieve a valuation of up to $16 billion. Additionally, Northern Data's Bitcoin mining business, Peak Mining, could potentially be listed as a separate entity. Although the company has reached out to advisors regarding the IPO, these plans are subject to change. Northern Data is among a number of Bitcoin miners that have diversified into the field of artificial intelligence. In November 2023, the company secured $610 million in debt financing from Tether.

Source: Cointelegraph