Northern Data AG could float its cloud computing unit Taiga, the German bitcoin miner said Thursday as it unveiled a debt financing package to buy more chips and boost its generative AI offerings.
“We have absolutely structured the company in a way that gives us more flexibility,” Rosanne Kincaid-Smith, the firm’s chief operating officer said at a meeting with investors and analysts in Frankfurt. “A listing of our Taiga unit could absolutely be an option,” she said, adding that the bitcoin mining operations may also warrant a flotation in the US at some point.
