With analyst comment:
...And did the Countenance Divine,
Shine forth upon our clouded hills?
And was Jerusalem builded here,
Among these dark Satanic Mills?...
*You probably guessed the analyst is actually William Blake with his "And did those feet in ancient time" and the painting is of the Bedlam Furnaces, Coalbrookdale England and not a dark Satanic Bitcoin mining rig.
Anyhoo, Bitmain and Northern Data, along with Andreessen Horowitz-backed rypto exchange Coinbase all want to get through the possibly closing IPO window and exchange their stock for some fiat.
From Decrypt:
Bitcoin mine operator Northern Data AG is reportedly planning a US listing and could raise up to $500 million via an IPO.
In brief
- Northern Data is reportedly planning an IPO.
- The company could raise $500 million in new capital.
- Northern Data’s public listing could happen before the end of 2021.
Northern Data AG is in talks with Credit Suisse Group AG on a public listing, Bloomberg reported citing sources familiar with the matter. The Frankfurt-based firm could reportedly raise capital estimated to be as much as $500 million.
Northern Data develops and operates infrastructure solutions with the focus on high-performance computing. These include such areas as Bitcoin mining, blockchain, Internet of Things, Artificial Intelligence (AI), and big data analytics....MUCH MORE
If interested see also, January 19's:
Top Tick: Server Farmer, Crypto Mining Rig Maker, Bitmain's IPO May Be On Again
Earlier in mining:
"Family Office Powered by Mining Creates $6 Billion Money Machine"
