THELOGICALINDIAN - German bitcoin mining aggregation Northern Bitcoin AG has migrated to a area of the Munich Stock Barter that caters for mediumsized enterprises The MAccess is admired as a key bazaar for companies gluttonous to advance accuracy accountability and to accretion added admission to new money Since April 2024 the aggregation has been listed on the overthecounter bazaar of the Munich barter which is a rung beneath its accepted listing
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Northern Bitcoin Ag New Listing Opens Access to Capital Markets
German bitcoin miner, Northern Bitcoin AG (MUN:NB2), has listed its shares on M:Access, a inferior bazaar on the Munich Stock Exchange (MSE). The Frankfurt-based aggregation aboriginal went accessible in April 2024, abutting the atomic of the MSE three-tier arrangement – over-the-counter market. The capital belvedere is the ‘regulated market.’
Mathis Schultz, arch controlling administrator of Northern Bitcoin AG, said advertisement on Munich’s mid-tier bazaar would accord the company, a cryptocurrency software and accouterments developer, added admission to basic markets.
“Our business is actual dynamic. We are developing synchronously with the globally acerb growing Bitcoin blockchain and its aboriginal and better application, the bitcoin,” he said, in a statement.
“As Northern Bitcoin AG develops its business actual fast, it accompanying has to serve the growing needs of the investors. Northern Bitcoin fulfills the college obligations arising from acceptance to the M:Access articulation of the Munich Stock Exchange and appropriately our after-effects and perspectives become added cellophane to investors. So, M:Access increases the afterimage of our aggregation in the basic market,” Mathis Schultz explained.
M:Access is a articulation of the MSE accessible bazaar that ensures a amount of accuracy through appropriate acceptance and aftereffect obligations, which are carefully accumbent with the capital adapted market.
‘Mining Powered by Renewable Energy’
Munich Stock Exchange managing administrator Marc Feiler said advertisement of the $157.76 actor admired Northern Bitcoin AG was attestation to the growing cryptocurrency industry.
“With Northern Bitcoin, we accept acquired an innovative, adolescent aggregation in a actual absorbing and awful admired bazaar for M:Access. This shows us that we action an unbureaucratic and adjustable banal barter in Munich that attracts companies beyond all industries,” Dr Feiler said.
Northern Bitcoin AG, aforetime Biosilu Healthcare AG, runs its mining rig from Norway, which the aggregation claims is 100% powered by renewable activity from hydro and wind. The arrangement is advised to acquiesce its users to accord to the mining of bitcoin, with the rewards breach amid the contributors.
The miner appear $1.72 actor net accident for the bisected year to June 2018. Over the accomplished 52 weeks, shares of Northern Bitcoin AG accept accomplished a aerial of $58 and a low of $1. At columnist time, the banal was up 5.1% at $21.34.
What do you anticipate about Northern Bitcoin’s business model, which aims to run bitcoin mining absolutely on renewable energy? Let us apperceive in the comments area below.
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