Northern Data has completed the sale of its Peak Mining unit to three entities linked to Tether for $200 million. The acquiring companies include Highland Group Mining, Appalachian Energy, and a Canadian firm, with Tether co-founder Giancarlo Devasini and Paolo Ardoino holding director positions in some of these entities. This transaction marks Northern Data's exit from the Bitcoin mining sector. Market participants are assessing the implications of this deal on related assets, with technical analysis indicating mixed signals for the crypto market.