ChainCatcher news, Bitcoin mining company CleanSpark has announced that it has completed the acquisition of the U.S. infrastructure company GRIID. After the acquisition of GRIID, mining capacity has increased by 50 megawatts, bringing it closer to the plan of building 400 megawatts of capacity in the coming years.CleanSpark CEO Zach Bradford stated in an announcement on October 31 that he is pleased to announce that the company has completed the acquisition of GRIID Infrastructure following shareholder approval, describing it as a "strategic move that allows us to enhance Bitcoin mining capacity in Tennessee." He also added that this acquisition will enable CleanSpark to build over 400 megawatts of capacity in the coming years.

ChainCatcher news, according to Cointelegraph, Bitcoin mining company CleanSpark has announced the completion of its acquisition of the U.S. infrastructure company GRIID.CleanSpark CEO Zach Bradford stated in an announcement on October 31 that he is pleased to announce that the company has completed the acquisition of GRIID Infrastructure following shareholder approval, describing it as a "strategic move that enables us to enhance our Bitcoin mining capacity in Tennessee." He also added that this acquisition will allow CleanSpark to build over 400 megawatts of capacity in the coming years.

ChainCatcher news, 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.

ChainCatcher news, Bitcoin mining company GRIID Infrastructure announced that it will begin trading its common stock and warrants on the Nasdaq Global Market today. The company's common stock will trade under the ticker symbol "GRDI," and the warrants will trade under the ticker symbol "GRDIW."It is reported that the company's common stock will continue to trade on the Canadian Chicago Options Exchange (formerly known as the NEO Exchange) under the ticker symbol "GRDI."

ChainCatcher news, the merger plan between Bitcoin mining company GRIID and SPAC company Adit EdTech has been postponed again from January 14 to February 14. This is the third delay of GRIID's plan to go public via SPAC, which has been postponed from May 2022 to the present.ChainCatcher previously reported that on December 1, 2021, special purpose acquisition company (SPAC) Adit EdTech Acquisition Corp announced it would merge with Bitcoin mining company Griid, with an enterprise valuation of $3.3 billion. SPACs are blank check companies formed to acquire other companies. After the transaction is completed, Griid will be listed on the New York Stock Exchange under the ticker symbol GRDI. The deal is expected to be completed in the first quarter of next year. (Source link)