|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||89.20 - 94.00|
|52 Week Range||23.60 - 100.00|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep 03, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||35.54|
Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87) acquires a data center facility in Northern Sweden to meet massive customer demand. The site currently consists of six data center halls on an area of 2.5 hectares and will now be further expanded by Northern Data following the acquisition.
Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87), a leading provider of high-performance computing (HPC) solutions, can announce the extension of a customer contract of a volume of ASIC chips worth USD 100 million. The existing customer, from the bitcoin mining sector, is making use of an extension option, which it drew at the end of the year. The USD 100 million order volume of ASIC chips corresponds to an additional capacity of more than 200 MW, which will be allocated to Northern Data's up-to-five new Scandinavian and Canadian data center locations, among others. The expansion of these new HPC data centers is being accelerated due to the massive growth in customer demand.
Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87) is currently seeing a substantial increase in demand for its bitcoin mining infrastructure services.