Northern Data has announced plans to sell its Bitcoin mining unit, Peak Mining, in a deal valued at up to $200 million. The transaction includes an initial payment of $50 million, with an additional $150 million contingent on future mining profits from Peak Mining's Texas operations. This strategic move aligns with Northern Data's shift towards high-performance computing (HPC), enabling Peak Mining to maintain its HPC development while bolstering Northern Data's AI infrastructure and exploring a potential merger with Rumble.