According to the Financial Times, Tether-backed Northern Data has sold its bitcoin mining business to a company run by Tether executives
The buyers of Peak Mining - Highland Group Mining Inc., Appalachian Energy LLC, and 2750418 Alberta ULC - are directly tied to Tether's leadership. British Virgin Islands records show Highland Group Mining is controlled by Giancarlo Devasini, Tether's co-founder and chairperson, and Paolo Ardoino, the company's chief executive. Canadian filings show Devasini is the sole director of Alberta ULC. The shareholding structure of Appalachian Energy LLC, registered in Delaware, remains opaque, with no publicly listed directors.
Northern Data has sold its bitcoin mining business to a company run by Tether executives
2025-12-21 18:25:29
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Northern Data已将其比特币挖矿业务出售给由Tether高管运营的公司Next article：
巴西加密货币活动2025增长43%，用户的平均投资额超过1000美元
