Northern Data sells mining unit to companies linked to Tether executives
Northern Data, whose majority shares are owned by Tether, has sold its mining division to companies owned by Tether executives.
Source Cointelegraph
This move indicates corporate restructuring and tighter control by Tether over mining assets through related entities. The sale may aim to optimize operations or manage assets more efficiently within the crypto industry.
Going forward, further ownership changes could impact the development strategies and market positioning of Northern Data in cryptocurrency mining.
