Northern Data to obtain 33K ASIC miners through Bitfield acquisition
Cointelegraph
Published Sep 28, 2021 02:32AM ET
Updated Sep 28, 2021 04:20AM ET
Blockchain and high performance computing firm Northern Data has announced it will acquire Bitcoin miner Bitfield.
According to a Sept. 27 press release, all major shareholders signed a binding purchase agreement for the entire Bitfield enterprise to be sold at a value of roughly $460 million. Northern Data will acquire an equity interest of between 86% and 100% in Bitfield as per the agreement.
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Written By: Cointelegraph
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