»Response to current media events«

Northern Data has been actively engaged with a European tax authority and are surprised by the escalation over recent days. Northern Data believes there is a misunderstanding of tax treatment of its GPU offering, which is solely dedicated for cloud computing, and the economic and legal structure of the company’s legacy cryptomining operations. We believe we are in full compliance with international tax standards and have been cooperating with European authorities.

Northern Data remains committed to transparency and compliance with all applicable laws. We are working to resolve the situation and our operations remain uninterrupted.

For any inquiries on this matter please contact
Press office: pressoffice@northerndata.de