Bitcoin Mining Firm Northern Data Plans US Listing to Raise $500M
WikiBit 2021-02-24 17:30The Germany-based firm owns the world’s largest cryptocurrency mining facility in Rockdale, Texas.
The Germany-based firm owns the worlds largest cryptocurrency mining facility in Rockdale, Texas.
Bitcoin mining firm Northern Data is said to be planning to list in the U.S. in order to raise up to $500 million.
Northern Data is in talks with Credit Suisse over the listing, which could take place later this year, according to a Bloomberg report on Tuesday citing people familiar with the matter.
The Frankfurt-headquartered firm owns, among others, the worlds largest cryptocurrency mining facility in Rockdale, Texas, which has a planned capacity of 1 gigawatt by the end of 2021.
Northern Data is already listed on Deutsche Börse's Xetra trading venue under the ticker NB2.
Shareholders include Cryptology Asset Group, the investment company backed by Mike Novogratz and Block.One.
Disclaimer：
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
WikiBit Exchange
- Token conversion
- Exchange rate conversion
- Calculation for foreign exchange purchasing
0.00