Today news
About the same in other media
BTC Mining Firm Griid to be Listed on NYSE, valued at $3.3B
Reading now: 166
blockchain.newsBitcoin mining company Griid announced that it will merge with Adit EdTech Acquisition Corp through a special purpose acquisition company (SPAC) to be listed on the New York Stock Exchange under the stock code «GRDI».
After the merger, Griid which is headquartered in Cincinnati and focuses on providing vertical integration will be valued at as high as $3.3 billion.
According to the plan, Griid expects to receive approximately US$246 million in cash from Adit EdTech. The transaction is expected to be completed in the first quarter of next year.
Griid stated that the team has always built a portfolio of Bitcoin mining facilities by purchasing low-cost energy to support the growth of carbon-free energy generation.
Griid expects to mine 637 BTC
Read more on blockchain.newsAbout this in other media
Bitcoin-focused NYDIG Raises USD 1B, Golden State FTX, Bitfinex Recovers 6 BTC + More News cryptonews.com /2 years ago
Indian prime minister Modi's hacked Twitter account attempts BTC scam cointelegraph.com /2 years ago
Crypto Biz: Smart money ignores BTC price correction as $800M set to flow into blockchain startups, Dec. 9 cointelegraph.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
