DGAP-News: Northern Data AG / Key word(s): Cryptocurrency / Blockchain/Monthly Figures
PRESS RELEASE / IR RELEASE
Northern Data provides operations update year-to-date 2021 and confirms guidance for FY2021
Frankfurt am Main – 02 December 2021 – Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87 / ISIN DE000A3E5EZ5), the leading value generator for HPC infrastructure solutions, today provided a year-to-date operations update for 2021.
CEO Aroosh Thillainathan: “We are pleased to provide the first operations update for our mining business since we acquired Decentric and Bitfield. On this basis, we hereby confirm our guidance for FY2021 with revenues of EUR 180-220 million and EBITDA of EUR 100-125 million. If you look at the operational numbers for November 2021 alone, you can see the amount of high-performance compute power that is already online in our data centers. We will continue at this level and significantly increase the number of ASIC miners as planned. The implementation of our roll-out plan is well underway.”
Detailed Operations Overview year-to-date 2021:
Bitcoin Mining (for own account and 3rd party)
Altcoin Mining (for own account)
1 Based on almost exclusively renewable energy.
About Northern Data:
File: Northern Data Operations Update November 2021
02.12.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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|Company:||Northern Data AG|
|An der Welle 3|
|Phone:||+49 69 34 87 52 25|
|Listed:||Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich (m:access), Stuttgart, Tradegate Exchange|
|EQS News ID:||1253531|
|End of News||DGAP News Service|
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