---
title: Northern Data AG examines possible divestment of its cryptomining business Peak Mining
description: "Northern Data AG/ Key word(s): Disposal  Northern Data AG examines possible divestment of its cryptomining business Peak Mining  21-Oct-2024/ 07:35 CET/CEST  Disclosure of an inside information acc. to Article 17 MAR of the Regulation(EU) No 596/2014, transmitted by EQS News- a service of EQS Group AG."
---

[News ](https://northerndata.de/en/investor-relations/news)

# [Northern Data AG examines possible divestment of its cryptomining business Peak Mining](https://northerndata.de/en/investor-relations/news/northern-data-ag-examines-possible-divestment-of-its-cryptomining-business-peak-mining)

 Written by [Northern Data Group](https://northerndata.de/en/investor-relations/news/author/northern-data-group) | Oct 21, 2024 5:35:32 AM

| Northern Data AG / Key word(s): Disposal Northern Data AG examines possible divestment of its cryptomining business Peak Mining 21-Oct-2024 / 07:35 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. **Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014 Northern Data AG examines possible divestment of its cryptomining business Peak Mining** **Frankfurt am Main, 21 October 2024 **– The Management Board of Northern Data AG (ISIN: [DE000A0SMU87](https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=9909f3d24966e9c4e4fca345797092c7&application_id=2011897&site_id=news_data&application_name=news), the **“Company”**) resolved today to begin negotiations with interested parties regarding a possible divestment of its cryptomining business Peak Mining. The Company hereby continues its strategic direction to focus on its AI Solutions business. Whether a divestment of Peak Mining will take place cannot yet be predicted and depends, among other things, on the current dynamic market environment for crypto currencies. **Investor Relations:** Jose Cano Vice President, Investor Relations An der Welle 3 60322 Frankfurt am Main E-Mail: [ir@northerndata.](mailto:ir@northerndata.de)[de](mailto:jens-philipp.briemle@northerndata.de) End of Inside Information 21-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
| --- |

| Language: | English |
| --- | --- |
| Company: | Northern Data AG |
| An der Welle 3 |  |
| 60322 Frankfurt/Main |  |
| Germany |  |
| Phone: | +49 69 34 87 52 25 |
| E-mail: | info@northerndata.de |
| Internet: | www.northerndata.de |
| ISIN: | DE000A0SMU87 |
| WKN: | A0SMU8 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Hanover, Munich (m:access), Stuttgart, Tradegate Exchange |
| EQS News ID: | 2011897 |

|   |  |
| --- | --- |
| End of Announcement | EQS News Service |

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