The company was only discussed some time ago. This was mainly due to one of the main corporate purposes: mining cryptocurrencies. These are usually associated with a lot of environmental pollution in terms of high electricity consumption. But the company was able to solve its problem with a contract for climate-neutral energy. Now there are again messages from Northern Data.
Bitfield takeover through own shares?
A new acquisition has been made. Nothern Data is planning to buy the Bitcoin mining company Bitfield. Initially, in the first step, 86% of the shares are to be purchased. However, these are financed from the company’s own shares. The next step is the complete takeover of the company.
Should Investors Sell Right Now? Or is it worth joining Northern Data?
Technical analysis: chance for a comeback?
The share is in a consolidation at a medium price level. The RSI is currently showing a neutral signal at 55. In addition, the indicators are good things. Although the EMA (200) is above the trend, the remaining EMA (10, 20, 30, 50, 100) were only able to get below the trend recently and are therefore relatively close to the trend with a gap of 5%. A neutral mood can be found in the oscillators.
Should Northern Data Investors Sell Right Now? Or is it worth getting started?
How will Northern Data develop now? Is your money safe in this stock? Find the answers to these questions and why you need to act now in the latest Northern Data stock analysis.
Northern Data: Buy or Sell? Read more here …
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