Northern Data AG Considers Divestment of Peak Mining

Northern Data AG, based in Frankfurt am Main, is evaluating the potential sale of its cryptomining subsidiary, Peak Mining. The decision comes from the company's management board, as they announce their intention to enter negotiations with interested buyers. This move aligns with Northern Data AG's strategy to concentrate on its AI Solutions business.

The outcome of a possible divestment remains uncertain and will be influenced by the current volatile conditions in the cryptocurrency market. The company has not yet made a definitive decision regarding the sale. Investor relations inquiries are directed to Jose Cano, Vice President of Investor Relations, located in Frankfurt.