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Action comes following approval of merger by GRIID shareholders in October 28th vote CleanSpark expects to grow to over 400 MW of mining capacity in Tennessee LAS VEGAS, Oct. 31, 2024 /PRNewswire/ -- CleanSpark, Inc. (NASDAQ:CLSK), America's Bitcoin Miner® (the "Company"), announced today the completed acquisition of GRIID Infrastructure Inc. (NASDAQ:GRDI)("GRIID") on October 30, 2024, following approval of the transaction by stockholders of GRIID at the special meeting of its stockholders on October 28, 2024. "I'm pleased to announce the completion of our acquisition of GRII
Company mined 445 bitcoin; Exceeds 20 EH/s, doubling operating hashrate since December LAS VEGAS, July 2, 2024 /PRNewswire/ -- CleanSpark Inc. (NASDAQ:CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending June 30, 2024. The Company achieved and exceeded its mid-year target of 20 EH/s in operational hashrate, a result of its previously announced acquisition of five new bitcoin mining sites in Georgia. The 60 MW of infrastructure from these sites include interruptible-load designated power purchase agreements (PPA
As a result of the transaction Cleanspark expects to add over 400 MW in Tennessee over the next 2 years CleanSpark's total announced, planned, and owned capacity now sits at over 1 GW of premium infrastructure in support of America's rapidly advancing technological environment LAS VEGAS, June 27, 2024 (GLOBE NEWSWIRE) -- CleanSpark Inc. (NASDAQ:CLSK) ("CleanSpark") and GRIID Infrastructure Inc. (NASDAQ:GRDI) ("GRIID") announced today that they have entered into a definitive merger agreement pursuant to which CleanSpark will acquire all the issued and outstanding common stock of GRIID in an all-stock transaction. The total enterprise value, including payment and assumption of debt, of the
EFFECT - GRIID Infrastructure Inc. (0001830029) (Filer)
S-8 POS - GRIID Infrastructure Inc. (0001830029) (Filer)
POS AM - GRIID Infrastructure Inc. (0001830029) (Filer)
4 - GRIID Infrastructure Inc. (0001830029) (Issuer)
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4 - GRIID Infrastructure Inc. (0001830029) (Issuer)
Griid Infrastructure Inc. (NASDAQ:GRDI) shares are trading lower after it inked a definitive merger deal with CleanSpark, Inc. (NASDAQ:CLSK) for a total enterprise value, including payment and assumption of debt, of $155 million. GRIID Infrastructure, a purpose-built bitcoin mining company founded in 2018, has operated bitcoin mining facilities since 2019. As per the merger agreement, Griid stockholders will receive CleanSpark common stock based on an exchange ratio determined by dividing the total merger consideration by the number of Griid shares outstanding at closing. The total merger consideration is calculated as $155 million minus Griid’s net liabilities at closing, divided b
CleanSpark Inc (NASDAQ:CLSK) shares are trading higher Thursday after the company announced plans to acquire GRIID Infrastructure Inc (NASDAQ:GRDI) in an all-stock transaction. What Happened: CleanSpark has entered into a definitive merger agreement to acquire all the issued and outstanding common stock of GRIID Infrastructure. GRIID operates Bitcoin (CRYPTO: BTC) mining data centers in various cities and towns throughout Tennessee. The total enterprise value of the transaction is $155 million. GRIID shareholders will receive shares of CleanSpark based upon an exchange ratio equal to the quotient obtained by dividing $155 million by the total number of shares of GRIID common stock iss
As a result of the transaction Cleanspark expects to add over 400 MW in Tennessee over the next 2 years CleanSpark's total announced, planned, and owned capacity now sits at over 1 GW of premium infrastructure in support of America's rapidly advancing technological environment LAS VEGAS, June 27, 2024 (GLOBE NEWSWIRE) -- CleanSpark Inc. (NASDAQ:CLSK) ("CleanSpark") and GRIID Infrastructure Inc. (NASDAQ:GRDI) ("GRIID") announced today that they have entered into a definitive merger agreement pursuant to which CleanSpark will acquire all the issued and outstanding common stock of GRIID in an all-stock transaction. The total enterprise value, including payment and assumption of debt, of the