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Company

Northern Data

13 articles stable
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Coverage Timeline

2025-12-20
Financial Times

Filings: Tether-owned Northern Data sold its bitcoin mining unit, Peak Mining, for up to $200M to a group including companies controlled by Tether executives

Stablecoin giant's Devasini is director of groups that bought Peak Mining from Northern Data  —  Companies run by Tether's …

2025-11-10
Wall Street Journal 17 related

Rumble says it will acquire German AI infrastructure company Northern Data in an up to $970M deal, set to close in Q2 2026; both companies are backed by Tether

The deal brings together two companies backed by stablecoin issuer Tether  —  Rumble said it would acquire German artificial …

2025-09-26
Bloomberg

German investigators conduct raids in relation to Northern Data, which is majority-owned by Tether and has been pivoting from crypto mining to AI computing

German investigators have carried out raids in relation to Northern Data AG, the Frankfurt-listed technology firm backed … X: @oliviasolon X: Olivia Solon / @oliviasolon : BREAKING: German police have...

2025-08-11
Reuters 15 related

Rumble says it plans to acquire German AI cloud group Northern Data in an all-stock deal; estimates show the deal could be valued at ~$1.17B, a 32% discount

U.S.-listed video platform Rumble (RUM.O) is considering a potential offer of about $1.17 billion (1 billion euro) …

2024-07-14
Bloomberg 6 related

Tether-backed Northern Data expects sales of €200M-€240M in 2024, up from €77.5M in 2023, on AI demand, as it disputes allegations of misrepresenting finances

Key data of Northern Data Group Letter to the shareholders Dear shareholders … Denis Omelchenko / crypto.news : Bitcoin miner Northern Data forecasts revenue to triple in 2024 Bhushan Akolkar / Coinsp...

2024-07-13
Bloomberg 6 related

Tether-backed Northern Data expects sales of €200M-€240M in 2024, up from €77.5M in 2023, on AI demand, as it disputes allegations of misrepresenting finances

Northern Data AG, provider of high-performance computing solutions, forecast revenue could more than triple this year …

2024-07-07
Financial Times 4 related

California court complaint: two ex-executives at Tether-backed Northern Data say they were fired after raising concerns about alleged fraud by the CEO and COO

Bryce Elder / Financial Times :

2024-07-06
Financial Times 4 related

California court complaint: two ex-executives at Tether-backed Northern Data say they were fired after raising concerns about alleged fraud by the CEO and COO

Sacked ‘whistleblowers’ launch California court action against Europe's biggest bitcoin-miner-turned-AI-datacentre- builder

2024-07-03
Bloomberg 40 related

Sources: Apple will get an observer role on OpenAI's board, with Phil Schiller chosen for the position, as part of their ChatGPT partnership announced in June

CDK Says ‘Substantially All’ Car Dealerships Restored After Hack  —  Northern Data May Be Testing Limits of AI Frenzy With Unit IPO

2024-07-02
Bloomberg 12 related

Sources: Northern Data is weighing a US IPO of its combined AI cloud computing and data center businesses at a ~$10B to $16B valuation as early as in H1 2025

Bloomberg :

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