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Griid Infrastructure Set for NYSE Listing Through $3.3B Merger

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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.”

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