Bitcoin Miner Northern Data Rejects Manipulation Allegations

  • Shares tumbled in the wake of German regulatory complaint
  • Northern Data says it will fully cooperate with authorities
Photographer: Alex Kraus/Bloomberg
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Northern Data AG dismissed allegations of market manipulation after the Bitcoin miner’s share price tumbled over a complaint to prosecutors by Germany’s financial watchdog.

“We are confident that we will clarify the matter in full cooperation with the authorities,” the company said in a statement on its website late Tuesday.