- Beat
- datacenters
- Researched · Fresh
- today
A Tether-controlled fleet of ~22,400 Hopper GPUs that missed its own 2025 revenue guide by about 70%, sold its mining arm to companies run by Tether's own executives on an earn-out since written down by about 90% (most of it by ND itself in H1 2026; RUM now carries it at $23.8M), and has been folded into Tether-controlled RUM Group. Today the whole equity story is one unnamed customer's $13.7B Maysville contract, which has no financing behind it. The stock is not investable on its own. Through R
The research around Northern Data
Covered in the Knowledge Base
Datacenters & Digital Infrastructure
Company details
| Industry | Cloud Computing |
Others in datacenters
5 namesWhere Northern Data sits against the other names we cover on this beat. Each line is that company’s verdict, not a summary of it.
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