Announced
Completed
Financials
Tags
customizable infrastructure
Domestic
Friendly
Acquisition
Majority
De-SPAC
United States
Merger
Single Bidder
Reverse Takeover
Software
Private
Completed
Synopsis
Core Scientific, a blockchain infrastructure, hosting provider and digital asset miner in North America, went public via a SPAC merger with Power & Digital Infrastructure Acquisition, a blank cheque company, in a $4.3bn deal. “Entering the public markets represents a significant milestone in Core Scientific’s evolution, yet we are even more excited about the future opportunities for value creation. As one of the largest publicly-traded blockchain infrastructure providers and digital asset miners in North America, we are focused on growing our capacity, defending and securing the blockchain ecosystem and building long-term shareholder value," Mike Levitt, Core Scientific Co-Chairman and Chief Executive Officer.
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