Benzinga · Nov 30, 2021
Bitcoin Miner Griid Infrastructure Lands SPAC Deal: What Investors Should Know
A profitable Bitcoin (CRYPTO: BTC) mining company is going public with a SPAC deal announced Tuesday morning. The SPAC Deal: Griid Infrastructure announced a merger with Adit Edtech Acquisition Corp (NYSE: ADEX). The deal values Griid at an enterprise value of $3.3 billion. Public ADEX shareholders will own 9% of the combined company. After the merger, the new company will trade as GRIID Infrastructure Inc and the ticker GRDI on the NYSE. The merger ...

