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Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations

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Cleanspark Acquires Griid in 5 Million All-Stock Deal to Boost BTC Mining Operations
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Source: Bitcoin.com

Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost Mining OperationsIn a significant expansion move, Cleanspark, a leading U.S. bitcoin mining company, has announced the acquisition of its rival firm Griid for $155 million. This strategic all-stock transaction aims to enhance Cleanspark’s mining capacity, particularly in the aftermath of Bitcoin’s fourth halving event which has increased the pressure on mining profitability. Cleanspark Acquires Griid in […]

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Author: Jamie Redman

Related posts:

  1. Further BTC mining consolidation as Crusoe acquires peer mining firm
  2. Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital
  3. Miners Race to Discover Block 840,000 as Bitcoin Halving Nears
  4. Bitcoin Miner Cleanspark’s Net Income Tops $126.7 Million in ‘Record-Breaking’ Quarter
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