DEPLOY

Partnership

CleanSpark x GRIID Infrastructure Acquisition

CleanSpark acquired GRIID Infrastructure in a $155M all-stock merger, expanding Tennessee operations with 400+ MW of planned capacity across seven mining sites.

investment · Concluded · operating


Machine-readable surfaces

97e2751b-ec81-40ce-b04a-35083ae0bee9
Type
investment
Status
Concludedoperating
Announced
2024-06-27
2.2 years ago
Start
2024-10-01
2 years ago
Active for
2 years

Who’s involved

CleanSparkinvestor partner

CleanSpark (NASDAQ: CLSK) is America's largest publicly-traded Bitcoin mining company by hashrate, operating over 50 EH/s across ~20 data centers in Georgia, Tennessee, Mississippi, Wyoming, and New York. Founded as an [Energy](/companies/energy-robotics) development company and pivoted to Bitcoin mining in 2016, CleanSpark is now expanding into AI data center infrastructure alongside its crypto operations.

HQHenderson, Nevada, USAwww.cleanspark.com1 partnerships

Off-registry parties

  • GRIID Infrastructure · other

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Sources (1)

  1. https://www.prnewswire.com/news-releases/cleanspark-announces-agreement-to-acquire-griid-infrastructure-based-on-an-enterprise-value-of-155-million-and-expansion-plans-of-over-400-mw-in-tennessee-302184116.html

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