According to Wu's report, Northern Data AG is expected to complete the sale of its cryptocurrency mining business, hoping to take advantage of the rising market for Bitcoin to profit. Northern Data's Chief Financial Officer Elliot Jordan stated that the company has hired bankers to invite bidders to submit offers and is currently reviewing various proposals. Northern Data's main shareholder is the stablecoin issuer Tether, which is seeking to free up funds to expand its artificial intelligence services business.