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01-Jul-2019

NORTHERN BITCOIN ACQUIRES MINING HARDWARE

Northern Bitcoin AG / Key word(s): Cryptocurrency / Blockchain/Contract
NORTHERN BITCOIN ACQUIRES MINING HARDWARE

01-Jul-2019 / 11:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


AD HOC RELEASE

NORTHERN BITCOIN ACQUIRES MINING HARDWARE

Frankfurt am Main - July 01, 2019. Northern Bitcoin AG (Xetra: NB2, ISIN: DE000A0SMU87) has concluded a purchase agreement for the acquisition of 4,475 ASIC miners. The contract doubles Northern Bitcoin's mining capacity from 57 PH/s to approximately 112 PH/s. The hardware will be directly owned by Northern Bitcoin and the company expects to initiate operations in the near future.

Disclaimer:
This press release does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities of Northern Bitcoin AG and does not constitute a prospectus of Northern Bitcoin AG. The information contained in this press release is not intended to form the basis of any financial, legal, tax or other business decision. Investment or other decisions should not be made solely on the basis of this press release. As with all business and investment matters, please consult qualified professional advice. This release and the information contained herein are not for distribution, directly or indirectly, in or into the United States of America, Canada, Australia or Japan.​

Press contact:
Northern Bitcoin AG
Dr. Hans Joachim Dürr
Head of Corporate Communications
Thurn-und-Taxis-Platz 6
60313 Frankfurt
Germany
E-Mail: h.duerr@northernbitcoin.com
Telefon: +49 69 348 752 89

Investor Relations:
Sven Pauly
E-Mail: ir@northernbitcoin.com
Telefon: +49 89 125 09 03 31


01-Jul-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Northern Bitcoin AG
Thurn-und-Taxis-Platz 6
60313 Frankfurt/Main
Germany
Phone: +49 69 34 87 52 25
E-mail: info@northernbitcoin.com
Internet: www.northernbitcoin.com
ISIN: DE000A0SMU87
WKN: A0SMU8
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich (m:access), Tradegate Exchange
EQS News ID: 833565

 
End of Announcement DGAP News Service

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Last Updated: 01-Jul-2019