CleanSpark’s $155 million acquisition of GRIID Infrastructure highlights Bitcoin miner’s struggles

Leading Bitcoin miner CleanSpark has announced the acquisition of rival company GRIID Infrastructure for $155 million in a 100% stock deal. The transaction highlights the consolidation among Bitcoin miners amid the lower revenue trend. Also Read: Bitcoin miners may foray into AI training farms without abandoning mining According to CleanSpark CEO Zach Bradford, the GRIID

Source: Cryptopolitan