Bitcoin Miner Griid Infrastructure to Go Public Via $3.3 Billion SPAC Deal | Technology News

(Reuters) – Bitcoin miner Griid Infrastructure will go public by merging with blank-check firm Adit EdTech Acquisition Corp in a deal valuing the combined company at about $3.3 billion.

Griid Infrastructure will list on the New York Stock Exchange under the new ticker symbol “GRDI” after its deal with the special purpose acquisition company (SPAC), Adit EdTech said in a statement on Tuesday.

(Reporting by Radhika Anilkumar in Bengaluru; Editing by Aditya Soni)

Copyright 2021 Thomson Reuters.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *