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Bitcoin miner Griid Infrastructure to go public via US$3.3 billion SPAC deal

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 US$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)

Source: Reuters

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