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

(Reuters) - 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 $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)

You May Also Be Interested In

• Thinking Machines Lab seeks $1b raise at $40b valuation - report
• US convenience stores say looming healthy food rule puts food stamps use at risk
• Florida bans highway license-plate readers as backlash over surveillance spreads