Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations
Submitted by Anonymous (not verified) on Thu, 06/27/2024 - 23:10
In 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 […]