Northern Data

Northern Data is in advanced, constructive negotiations with RUM Group Inc. over a long-term lease for the Maysville, Georgia site. The agreement is expected to include market-standard terms and, once signed, will bind one of Northern Data’s largest sites on a long-term basis. After completion, the group expects stable, recurring rental income and anticipates signing the contract in the near term. » More on de.investing.com

Northern Data reports Q2 2026 revenue of around EUR 54m and adjusted EBITDA of around EUR 23m, with cash of about EUR 40m. As of 30 June 2026 a non‑cash fair‑value impairment of the receivable from contingent consideration of EUR 251m was recorded, reducing the carrying amount from EUR 271m to EUR 20m. The write‑down results from revised assumptions on the probability and timing of a sale of the Corpus Christi sites, changed expectations for future cash flows due to Bitcoin price developments, and the expiry of a purchase option. The contractual claim to a share of future sale proceeds remains, but the buyer confirmed it does not intend to sell the sites in the near term. » More on de.investing.com

Liebling Kronberg Capital exchanged 63,363 shares of Northern Data for 128,506.50 newly issued class A common shares of Rumble as part of Rumble Deutschland's voluntary public exchange offer to Northern Data shareholders at a ratio of 1 to 2.0281. The transaction took place on 19 June 2026 outside a trading venue and is related to an employee participation program; Dr. Tom Oliver Schorling is named as a person closely associated. » More on de.investing.com