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Northern Data pumps equity up as revised growth roadmap accelerates

The group said in a note that its management is “optimistic about the development of the BTC price” and aims to develop its Mining Division into “one of the leading BTC mining companies in the world”.

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April 18, 2023 | 12:10 AM BST

Northern Data pumps equity up as revised growth roadmap accelerates

Aroosh Thillainathan, founder and CEO of Northern Data AG. Source: Northern Data

The Tech Capital

Frankfurt-headquartered Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87) has implemented a capital increase excluding subscription rights with gross proceeds of €32.27 million (US$35.26 million).

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