Announced
Completed
Synopsis
CleanSpark, a bitcoin miner, completed the merger with GRIID Infrastructure, a vertically integrated, bitcoin self-mining company, in a $155m deal. "I'm pleased to announce the completion of our acquisition of GRIID Infrastructure, a strategic move that allows us to grow our Bitcoin mining capacity in the state of Tennessee, which we intend to build to over 400 MW in the coming years. Moreover, this adds significant geographic and power supply diversity through expansion in the Tennessee Valley Authority service territory, providing us with additional operational flexibility," Zach Bradford, CleanSpark CEO.
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