💸 Tether issues $610M debt financing to Bitcoin miner Northern Data

The debt capital specifically aims to enable Northern Data Group to invest in its three business lines including its artificial intelligence cloud service provider Taiga Cloud, Ardent Data Centers and Peak Mining, the company’s mining business. 🏭

In September 2023, Tether also invested an undisclosed amount in Northern Data in a move backing AI initiatives. 👀🤖

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