Northern Data AG Eyes $16B Valuation with Upcoming Nasdaq IPO

Quick Summary:

German Bitcoin miner Northern Data AG is planning an initial public offering (IPO) for its cloud computing and data center businesses, aiming for a valuation of up to $16 billion, according to a Bloomberg report.

Exciting news from Northern Data AG!

Even though the firm has not officially announced the offering plans, Northern Data’s IPO valuation is estimated to be between $10 billion and $16 billion.

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Article Details

Author / Journalist: Elena R

Category: Crypto

Markets: United States

Topics: IPO News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-02 @ 06:55:57 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 281 words

Reading Time: 2 minutes read

Sentences: 26 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 21456108

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News Last Updated: 8 hours ago

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