Northern Data


Finance

Northern Data Cut to Hold to Reflect Acquisition by Rumble: Canaccord

The broker downgraded Northern Data to hold from buy and lowered its price target to 15 euros from 27 euros.

Banks of computers in a data center. (Shutterstock)

Finance

Rumble Shares Soar on Tether Partnerships, Planned Northern Data Acquisition

Rumble unveiled three major deals with Tether and Northern Data, expanding its AI infrastructure, ad business and cloud capacity.

Rumble CEO Chris Pavlovski at Consensus 2025 in Toronto (CoinDesk)

Finance

Rumble Gains on Plans to Acquire Tether-Affiliated Northern Data

Under the deal, the two firms — both backed by USDT issuer Tether — combine into one.

Rumble CEO Chris Pavlovski at Consensus 2025 in Toronto (CoinDesk)

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

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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

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

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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.

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