CleanSpark acquires Bitcoin miner GRIID in $155 million deal

📆 6/27/2024 4:33 PM
📰 TheBlock__

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Cleanspark News

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CleanSpark's operational power is expected to reach 100 MW by the end of the year, with the goal of achieving 400 MW by 2026.

The crypto miner CleanSpark has entered an agreement to purchase GRIID Infrastructure, a Bitcoin mining firm.

CleanSpark CEO Zach Bradford said in a statement that the firm's Tennessee operations are expected to exceed 100 MW by the end of the year and has a target of 400 MW operational power by 2026.

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