Bitcoin Miner Griid Said to be in Talks to Merge with SPAC, Adit EdTech Acquisition (ADEX) - Bloomberg

November 24, 2021 11:30 AM EST

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(Updated - November 24, 2021 11:32 AM EST)

Bitcoin miner Griid Infrastructure is in talks to go public through a merger with a SPAC, according to Bloomberg, citing people with knowledge of the matter.

A transaction with Adit EdTech Acquisition (NYSE: ADEX) would value the combined entity at more than $3 billion.

Terms aren't finalized.

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