Announced
Completed
Financials
Tags
Merger
United States
Majority
FinTech
Private
Single Bidder
Reverse Takeover
bitcoin mining
Friendly
Domestic
Acquisition
De-SPAC
Completed
Synopsis
Griid Infrastructure, a vertically integrated, bitcoin self-mining company, went public via a SPAC merger with Adit EdTech Acquisition, a blank cheque company in a $3.3bn deal. “We are building an American infrastructure company with the largest pipeline of committed, carbon-free power among public bitcoin miners at the lowest cost of scaled production. Our team has demonstrated a track record of successful execution over the past three years since starting the company, and we look forward to delivering expansion of capacity through this transaction," Trey Kelly, GRIID CEO.
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