Bitcoin Miner CleanSpark Expands Portfolio Through Acquisition of Peer GRIID

Thursday, 27 June 2024, 14:20

CleanSpark, a leading Bitcoin mining company, to purchase Peer GRIID in a $155 million all-stock transaction. The deal, approved by both companies' boards, signifies a strategic move towards portfolio diversification in the crypto market. This acquisition is set to enhance CleanSpark's market presence and strengthen its position in the evolving digital currency landscape.
CoinDesk
Bitcoin Miner CleanSpark Expands Portfolio Through Acquisition of Peer GRIID

Bitcoin Miner CleanSpark Acquires Peer GRIID

CleanSpark, a prominent player in Bitcoin mining, is making waves in the industry with its recent acquisition of Peer GRIID.

Key Points:

  • CleanSpark's Expansion: A $155 million all-stock deal to acquire Peer GRIID.
  • Board Approval: The acquisition has received approval from both companies' boards.

The move underlines CleanSpark's strategic focus on diversifying its portfolio in the crypto market and solidifying its position as a key player in digital currency.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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