Crypto mining giant Northern Data predicts it will triple its 2024 revenues by investing in high-performance computing (HPC) solutions. 📈 The Germany-based Bitcoin mining company estimates its sales will reach €240 million this year. The company is investing heavily in HPC solutions for artificial intelligence (AI). Northern Data, which raised 1 billion $ debt and equity financing last year, plans to accelerate its efforts to meet the growing demand for the HPC and AI boom. The company predicts 2025 revenues will reach €570 million. Northern Data is considering filing for an initial public offering (IPO) for its AI cloud computing and data center businesses.