Griid Infrastructure, which owns and operates bitcoin mining services, is to record on the New York Stock Exchange by means of a merger with Adit EdTech Acquisition Corp.
- The mixed enterprise worth of the 2 firms is $3.3 billion, according to an announcement Tuesday.
- Cincinnati-based Griid has three services within the U.S. and goals to have mining capability of 734 megawatts operational by 2023.
- The newly fashioned entity will function beneath the title “GRIID Infrastructure Inc.” and record on the NYSE beneath the ticker image “GRDI.”
Read extra: Blockchain ‘Blank Check’ SPAC Announces $100M IPO to Fund Acquisitions
