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Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations

Started by Bitcoin, Jun 28, 2024, 05:59 am

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Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations

Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost Mining OperationsIn a significant expansion move, Cleanspark, a leading U.S. bitcoin mining company, has announced the acquisition of its rival firm Griid for $155 million. This strategic all-stock transaction aims to enhance Cleanspark’s mining capacity, particularly in the aftermath of Bitcoin’s fourth halving event which has increased the pressure on mining profitability. Cleanspark Acquires Griid in […]

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