TechFlow reports that German bitcoin mining company and data center operator Northern Data AG has announced a 20% capital increase, planning to raise 214 million euros (approximately $233 million) through the issuance of 10.7 million new shares. The funds will be used to enhance its cloud platform and expand data centers in Europe and the United States, as well as invest in Nvidia GPUs and AI infrastructure. The new shares will be listed on the Munich Stock Exchange.
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