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Northern Data Reports Robust Operating Results for FY 2021

Source: Fanny

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Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87 / ISIN DE000A3E5EZ5), the leading value generator for HPC infrastructure solutions, provided an operations update for 2021.

In 2021 Northern Data generated:

– 26,554 green ETH (Aug – Dec)

– 666 BTC (Sep – Dec)

In December 2021 Northern Data generated:

– 5,740 green ETH

– 227 BTC

Northern Data had 18,000 ASIC miners online end of Dec' 21 Guidance FY2021 confirmed.

CEO Aroosh Thillainathan:"We have kept the GPU computing power constantly high and continued to expand our Bitcoin mining capacity. On this basis, we confirm our guidance for fiscal year 2021 with revenues of EUR 180-220 million and EBITDA of EUR 100-125 million."

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