Crypto Mining Firm Northern Data To List In U.S. To raise $500 Mln.

Bitcoin mining firm Northern Data is getting ready to be listed within the United States so as to boost up to $500 Mln.

Northern Data is in talks with Credit Suisse over the listing, which could happen later this year, consistent with the official Bloomberg report earlier today on Tuesday citing people conversant in the matter.

The Frankfurt-headquartered firm owns, among others, the world’s leading cryptocurrency-related mining facility in Rockdale, Texas, that also features a planned capacity of 1 gigawatt by the end of this year.

Northern Data is already listed on Deutsche Börse’s Xetra trading venue under the ticker NB2. Shareholders embody Cryptology Asset Group, the investment trust backed by Mike Novogratz & Block.One.

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