<a href="https://www.cryptoknowmics.com/news/the-demand-for-texas-bitcoin-mining-power-expected-to-leap-5-times-by-2023/">Bitcoin miner</a> Griid Infrastructure is in discussions to go public through a merger with a special purpose acquisition company. According to one of the persons, a deal with the blank-check business Adit EdTech Acquisition Corp. would value the merged organization at more than $3 billion. The terms haven't been completed, and the negotiations might yet break apart.

https://twitter.com/crypto/status/1463685462892105732

 A deal with the blank-check business Adit EdTech Acquisition Corp. would value the merged organization at more than $3 billion. The terms haven't been completed, and the negotiations might yet break apart.

Griid, which claims to source low-cost, carbon-free energy to manage, develop, and run a network of Bitcoin mining operations in the United States, revealed this week that it has acquired a $525 million loan from Blockchain.com. The four-year facility will help the mining company grow capacity and scale, according to Trey Kelly, the company's founder, and CEO.

Griid is in Talks to Merge with Adit EdTech SPAC to Go Public

Bitcoin miner Grid Infrastructure is in discussions to go public through a merger with a special purpose acquisition company

Trishla is a crypto writer and social media aficionado. She has substantial experience in covering updates, events, and news related to the crypto space, along with rapidly expanding blockchain and financial technology markets. Her experience in the cryptocurrency market has led her to become a crypto hodler herself.

Griid is in Talks to Merge with Adit EdTech SPAC to Go Public

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