Northern Data AG sold 3,005 Bitcoins for a mean price of 23,849 euros, resulting in cash revenue of 71.7 million euros
Northern Data AG, a German firm focused on Bitcoin mining and cloud computing, has announced the financial results of its mining operations. They mined 2,798 Bitcoins in the 2022 fiscal year, which is a 315 percent increase from the previous year.
Northern Data generated 77.7 million euros in revenue from BTC mining in 2022. Additionally, the company sold 3,005 Bitcoins for a mean price of 23,849 euros, resulting in a cash revenue of 71.7 million euros.