CleanSpark Merges with Griid Infrastructure in $155M Deal Amid Bitcoin Halving Concerns

CleanSpark, a sustainability-driven Bitcoin mining company, announced on Thursday its intent to merge with Griid Infrastructure, acquiring all of its common shares for $155 million. The value of Griid Infrastructure’s shares plummeted by 49% post-announcement, dipping to $1.20 per share. Despite this, the company’s shares have seen a 55% increase over the last month. According

Source: CoinOtag