on Northern Bitcoin AG (ETR:NB2)
Northern Data AG Updates Market on Q4 Cloud Revenue and Withdraws 2025 Guidance
Northern Data AG, headquartered in Frankfurt, has announced significant developments regarding its operations and financial projections. The company anticipates a Q4 2025 Cloud business revenue run rate of approximately EUR 10 million to EUR 15 million monthly, driven by strong pipeline conversions across various contract types. This improvement follows a successful Q2 technology upgrade, enhancing GPU capacity utilization.
Despite these positive developments, Northern Data AG has decided to withdraw its previous full-year 2025 financial guidance. This decision arises from ongoing evaluations of potential strategic transactions and current market pricing dynamics. The company plans to release further details on its operational and financial performance for Q3 2025 in an upcoming update.
R. P.
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