CleanSpark agrees to acquire GRIID for $155 million amid mining struggles

Oluwapelumi Adejumo

Bitcoin miner CleanSpark has agreed to acquire its rival GRIID Infrastructure for $155 million, according to a June 27 statement. The companies also revealed that they entered an exclusive hosting agreement for all currently available power, of which 20 MW will be allocated to CleanSpark effective immediately. This development arrives as BTC miners significantly struggle […]

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CleanSpark agrees to acquire GRIID for $155 million amid mining struggles