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Northern Data sells Texas data center operations to Riot Blockchain Inc. for approximately EUR 550 million - operational EBITDA guidance for fiscal year 2021 remains unchanged


Northern Data AG
Northern Data sells Texas data center operations to Riot Blockchain Inc. for approximately EUR 550 million - operational EBITDA guidance for fiscal year 2021 remains unchanged
Friday, April 9, 2021 10:21AM IST (4:51AM GMT)
 
 
Due to strong, profitable growth of remaining six sites within Northern Data s multi-site strategy, operational EBITDA guidance for fiscal year 2021 remains unchanged
Additional eight new highly efficient locations in development worldwide
All newly developed sites are entirely based on renewable energy sources
Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87), a leading developer and operator of High-Performance-Computing ( HPC ) infrastructure solutions, sells its U.S. subsidiary Whinstone Inc., which operates a high-performance data center facility based in Rockdale, Texas, to Riot Blockchain Inc. (NASDAQ: RIOT ), one of the largest U.S. based publicly-traded bitcoin miners in North America. The conside ....

United States , Frankfurt Am Main , Jens Philipp Briemle , Aroosh Thillainathan , Susan Hoffmeister , Riot Blockchain Inc , Whinstone Us Inc , Sullivan Cromwell , Tradegate Exchange , Whinstone Inc , Northern Data , Riot Blockchain , Boden Facility , North America , Northern Bitcoin , Unofficial Market , Media Contact , Philipp Briemle , Investor Relations , ஒன்றுபட்டது மாநிலங்களில் , பிராங்க்ஃபர்ட் நான் பிரதான , சூசன் ஹாஃப்மீஸ்டர் , கலவரம் ப்ளாக்சைன் இன்க் , சல்லிவன் க்ரோம்வெல் , வடக்கு தகவல்கள் , கலவரம் ப்ளாக்சைன் ,

Northern Data sells Texas data center operations to Riot Blockchain Inc. for approximately EUR 550 million – operational EBITDA guidance for fiscal year 2021 remains unchanged – Consumer Electronics Net


7 hours ago
Due to strong, profitable growth of remaining six sites within Northern Data’s multi-site strategy, operational EBITDA guidance for fiscal year 2021 remains unchanged
Additional eight new highly efficient locations in development worldwide
All newly developed sites are entirely based on renewable energy sources
FRANKFURT AM MAIN, Germany–(BUSINESS WIRE)–Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87), a leading developer and operator of High-Performance-Computing (“HPC”) infrastructure solutions, sells its U.S. subsidiary Whinstone Inc., which operates a high-performance data center facility based in Rockdale, Texas, to Riot Blockchain Inc. (NASDAQ: “RIOT”), one of the largest U.S. based publicly-traded bitcoin miners in North America. The consideration in the transaction consists of EUR 67 million in cash component (cash and debt-free) and 11.8 million shares of common stock of Riot Blockchain Inc., which ....

United States , Frankfurt Am Main , Jens Philipp Briemle , Aroosh Thillainathan , Susan Hoffmeister , Riot Blockchain Inc , Whinstone Us Inc , Sullivan Cromwell , Tradegate Exchange , Whinstone Inc , Northern Data , Riot Blockchain , Boden Facility , North America , Northern Bitcoin , Unofficial Market , ஒன்றுபட்டது மாநிலங்களில் , பிராங்க்ஃபர்ட் நான் பிரதான , சூசன் ஹாஃப்மீஸ்டர் , கலவரம் ப்ளாக்சைன் இன்க் , சல்லிவன் க்ரோம்வெல் , வடக்கு தகவல்கள் , கலவரம் ப்ளாக்சைன் , வடக்கு அமெரிக்கா , வடக்கு பிட்காயின் , அதிகாரப்பூர்வமற்றது சந்தை ,