Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations
![Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations](https://cryptonewschain.com/wp-content/uploads/2024/06/Cleanspark-Acquires-Griid-in-155-Million-All-Stock-Deal-to-Boost-1024x576.jpg)
In 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 […]
Source link