Northern Data AG, a German company that specializes in Bitcoin mining and cloud computing, has released earnings results for its mining division.
Northern Data AG said that in fiscal 2022, it mined 2,798 Bitcoin (BTC), up 315% from the previous year. This led to BTC mining revenues of 77.7 million euros in fiscal 2022. The company sold 3,005 BTC sold in 2022 for an average price of 23,849 euros, contributing to a cash revenue of 71.7 million euros.
The data released by Northern Data also…
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