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TechFlow reports that German Bitcoin mining company Northern Data AG plans to conduct an IPO in the U.S. for its AI cloud computing and data center business, with a valuation between $10 billion and $16 billion, targeting a Nasdaq listing in the first half of 2025. The company may sell a minority stake to investors prior to the listing.
German Bitcoin mining company Northern Data AG plans to conduct an IPO in the U.S. for its AI cloud computing and data center business, with a valuation between $10 billion and $16 billion, targeting a Nasdaq listing in the first half of 2025. The company may sell a minority stake to investors prior to the listing.
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