Editor's PickMarket News

World’s largest Bitcoin miner seeking US stock IPO – reports

Northern Data AG, the world’s largest Bitcoin miner, is reportedly working with Credit Suisse for a possible US$500mln IPO into the United States. Reports citing ‘people familiar with the matter’ says that a share sale could go ahead later this year to bolster the shareholder base and reach a bigger investor audience. The German group has been expanding its portfolio of computing centre in the past year adding new ones in the United States, Sweden, Netherlands, and Germany. Its largest facility is located in Rockdale, Texas. Presently, Northern Data is a German over-the-counter stock with a quote in Frankfurt.

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable.Stay informed and entertained, for free.Subscribe to our newsletter

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!