Northern Data saw revenue drop to €77.5 million, mined 2,298 BTC in 2023

Northern Data Group reported a net revenue of €77.5 million for the 2023 fiscal year, down from €193.3 million in 2022. The firm’s total income for the period stood at €111.0 million, compared to €249.5 million in the previous year. The company’s adjusted EBITDA stood at negative -€5.5 million, aligning with market expectations, following substantial […] source: https://cryptoslate.com/northern-data-saw-revenue-drop-to-e77-5-million-mined-2298-btc-in-2023/