Bitcoin miner CleanSpark has merged with GRIID Infrastructure in a $155 million all-stock deal. CleanSpark will take on all of GRIID's debts and provide a $5 million working capital loan, as well as $50.9 million to settle immediate obligations. The deal also includes an exclusive hosting agreement, providing 20 megawatts of power to CleanSpark. The merger is expected to add over 400 megawatts of power to CleanSpark in the coming years. CleanSpark's stock rose 2.2% to $16.44 on the announcement, marking a year-to-date gain of over 50%.