<p>Peak Mining is a commercial Bitcoin mining company that operates multiple mining facilities in the United States, Canada, and Europe, using application-specific hardware to perform the computational work required by the Bitcoin network. </p>

<p>November 3, 2025 - Northern Data Group announced the completion of the divestiture of its subsidiary Peak Mining. The transaction value is up to USD 200 million, consisting of USD 50 million in upfront proceeds and up to USD 150 million in deferred consideration. The deferred portion is linked to a profit-sharing arrangement related to ongoing mining operations at the Corpus Christi facility. According to regulatory filings, the acquiring entities are connected to executives of the stablecoin issuer Tether.&nbsp;</p>

Peak Mining

Peak Mining is a commercial Bitcoin mining company.

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Peak Mining

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