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Germany-Listed Northern Data To Go Public In The US, Report
Summary: According to Bloomberg, people familiar with the matter revealed that the Bitcoin mining company Northern Data, which has been listed on Germany's over-the-counter market, is cooperating with Credit Suisse Group AG and plans to list in the United States. The firm is raising funds as high as $500 million, with an aim to carry out ...
According to Bloomberg, people familiar with the matter revealed that the Bitcoin mining company Northern Data, which has been listed on Germany's over-the-counter market, is cooperating with Credit Suisse Group AG and plans to list in the United States.
The firm is raising funds as high as $500 million, with an aim to carry out the IPO later this year, the source added.
Northern Data is located on the outskirts of Frankfurt, the financial center of Germany. Its largest factory is located in Rockdale, Texas. It is currently the world's largest mine with a capacity of 1GW by the end of the year.
By Mary Liu
Tags: Bitcoin,Bitcoin Mining,Credit Suisse Group,Germany,IPO,Northern Data
Link: Germany-Listed Northern Data To Go Public In The US, Report [Copy]
