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

Share This Post

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 […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin Records Surge In Retail Investors – Is A Price Rebound On?

According to data from CoinMarketCap, the price of Bitcoin declined by 525% in the past week falling below the $60,000 mark This price dip adds to the string of negative performances in the last

Bitcoin Tops Michael Dell’s Poll on X, Outshining AI and Love With Over 64,000 Votes

Dell CEO Michael Dell recently conducted a poll asking people to identify the most important factor among artificial intelligence (AI), love and relationships, and the crypto asset network Bitcoin

Uplink CEO: Depins Enable Companies to ‘Bootstrap the Deployment Stage’

Decentralized Physical Infrastructure Networks (Depins) have the potential to connect companies or projects in markets or locations with limited internet connectivity, all without requiring telecom

Unlocking Value: Fair Price Discovery, the Role of Market Makers

Getting a token from inception to market is no mean feat and more often takes years of planning and commitment Achieving fair price discovery and stability requires just as much commitment and energy

Crypto ATM Installations Rise in 2024, Adding 2,564 New Machines Globally

In June, the number of cryptocurrency automated teller machines (ATMs) saw a slight decline, yet 377 new ATMs were installed during the month Since January 2024, data shows a total of 2,564 crypto

The Definitive Guide to Tapioca DAO: Part One

This piece is a guest post by Emiri, published originally on Blocmates Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled