🔔 News from the world of cryptocurrencies! CleanSpark Inc. announced it will merge with GRIID Infrastructure in an all-stock transaction valued at $155 million. 🚀
- Under the terms of the transaction, GRIID shareholders will receive shares of CleanSpark common stock.
- CleanSpark assumes all GRIID debts and other obligations.
- The merger has been approved by both companies and is expected by the third quarter of 2024.
GRIID is a Bitcoin mining company that owns energy infrastructure and data centers in North America.
Interesting to see your opinion! How do you think this merger will impact the cryptocurrency industry? 🤔 Leave your comments below!