Cryptocurrencies
German Bitcoin Miner Northern Data Considers Buyback After Stock Drop
- Crypto miner could propose buyback plan at upcoming AGM
- Auditor KPMG has signed off on Northern Data’s accounts
Data servers inside a Northern Data AG datacenter in Maloy, Norway.
Photographer: Fredrik Solstad/BloombergThis article is for subscribers only.
German Bitcoin miner Northern Data AG is considering a proposal to buy back shares in a program valued in the tens of millions of euros, according to people familiar with the matter.
The Frankfurt-based company may introduce the share repurchase plan at its annual shareholder meeting in October, the people said, asking not to be identified because the information is private.