Cleanspark will acquire Bitcoin miner GRIID for $155 million.

Sep 12, 2024 04:39:49

according to Bitcoin News, mining company Cleanspark will acquire Bitcoin miner GRIID for $155 million and plans to expand over 400 megawatts in Tennessee. Under the merger agreement, CleanSpark will purchase all GRIID common stock through an all-stock transaction, and GRIID shareholders will receive CleanSpark stock.

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