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CleanSpark completes acquisition of GRIID Infrastructure Inc. to expand Bitcoin mining capacity in Tennessee

CleanSpark completes acquisition of GRIID Infrastructure Inc. to expand Bitcoin mining capacity in Tennessee

10/31/24, 11:50 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svglargo
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgcincinnati
Industry
information technology
CleanSpark, Inc. has successfully completed the acquisition of GRIID Infrastructure Inc. following approval by GRIID shareholders at a special meeting on October 28, 2024. This strategic move is aimed at growing CleanSpark's Bitcoin mining capacity in Tennessee to over 400 MW in the coming years. The acquisition also adds geographic and power supply diversity through expansion in the Tennessee Valley Authority service territory, enhancing operational flexibility and growth potential for the combined company.

Company Info

Company
American Ecosystems, Inc.
Location
Largo, Florida, United States
Company info
American Ecosystems, Inc. was founded in 1993 and operates from two locations in Largo and Odessa Florida. The company has built a strong reputation for its expertise in managing and controlling nuisance aquatic vegetation in lakes, ponds, canals, and other waterways across the Tampa Bay area. With over three decades of experience, the company is widely recognized as a trusted partner for clients seeking innovative, environmentally sustainable solutions to maintain healthy and thriving waterways.