📣 CleanSpark (CLSK) is set to acquire GRIID Infrastructure (GRDI) in a $155 million all-stock deal. Analysts at H.C. Wainright predict this move will boost CleanSpark's development of high-quality, low-cost power infrastructure. CleanSpark will take on GRIID's debt and provide a $5 million working capital loan and a $50.9 million bridge loan. The company sees GRIID's energy pipeline in Tennessee as a strategic asset, aiming to add over 400 MW of data center infrastructure in the state by 2024. 💡 What are your thoughts on this acquisition? Comment below!