German Bitcoin miner and cloud computing firm Northern Data AG is reportedly seeking an initial public offering for two of its entities in the United States at a valuation of up to $16 billion.
Under the current plan, Northern Data would list the “Taiga” and “Ardent” entities on the Nasdaq, which comprise its cloud computing and data center arms, respectively.) mining business, Peak Mining, could see a separate listing too, the firm reportedly told analysts and investors back in November.for its cryptocurrency mining business in the U.S. in February 2021; however, nothing came of it.
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