Northern Data Group is considering selling its Peak Mining cryptocurrency mining business to focus on AI and HPC. Tether owns 46% of the company. 💡
- Northern Data is in talks with interested parties about selling Peak Mining.
- Proceeds will be invested in AI platforms, data centers, and GPUs.
- Tether has been investing heavily in Northern Data since 2023.
- Northern Data plans to IPO in the first half of 2025.
What do you think about this direction? Comment below! ⬇️#Crypto#Blockchain#AI#Finance#TechNews