FRANKFURT AM MAIN, Germany -Monday 4 January 2021 [ AETOS Wire ]
The rise of Bitcoin catapults customer demand to new heights
Northern Data participates in the positive bitcoin price development through performance-based component of customer fees
Accelerated expansion of up to five new data center locations
(BUSINESS WIRE)-- Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87), a leading provider of high-performance computing (HPC) solutions, can announce the extension of a customer contract of a volume of ASIC chips worth USD 100 million. The existing customer, from the bitcoin mining sector, is making use of an extension option, which it drew at the end of the year. The USD 100 million order volume of ASIC chips corresponds to an additional capacity of more than 200 MW, which will be allocated to Northern Data's up-to-five new Scandinavian and Canadian data center locations, among others. The expansion of these new HPC data centers is being accelerated
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