Northern Data


Markets

Northern Data Is Well Positioned to Take Advantage of the AI Boom: Canaccord

The broker initiated coverage of the stock with a buy rating and 60 euro price target.

Source: Blockware Solutions

Policy

Bitcoin Miner Northern Data Moves to Dismiss Ex-Employees’ Whistleblower Suit

In a new court filing, lawyers for Northern Data called the suit a “textbook example of bad faith litigation.”

Bitcoin mining machines (Michal Bednarek/Shutterstock)

Policy

Sacked Northern Data Execs File Suit Against Tether-Backed Company, Alleging Fraud

The two executives, Joshua Porter and Gulsen Kama, say they were fired for attempting to blow the whistle on alleged accounting and securities fraud at the company.

Bitcoin miners (Shutterstock)

Finance

Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge

Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.

Tether CEO Paolo Ardoino (Bitfinex)

Finance

German Miner Northern Data’s Shares Jump Following Operational Update

The company produced 227 bitcoins and 5,740 ether in December alone.

Crypto mining rig

Finance

Bitcoin Mining Firm Northern Data Plans US Listing to Raise $500M: Report

The Germany-based firm owns the world’s largest cryptocurrency mining facility in Rockdale, Texas.

stocks, exchange

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