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Northern Data's encryptionMining division is close to completing the acquisition.
CoinVoice
BTC6,38%
CoinVoice recently learned that Northern Data AG may complete the transaction of selling its Cryptocurrency Mining business in hopes of profiting from the pump of BTC, according to Bloomberg. Elliot Jordan, the CFO of Northern Data, said that the company has hired bankers to invite bidders to submit quotes and is currently reviewing proposals. Jordan told investors: ‘Obviously, now is the best time to sell this business.’ Northern Data’s major shareholder is Tether, a stablecoin issuer, which is seeking to release funds to expand its artificial intelligence service business. [Original Article Link]
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