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Cleanspark ( (CLSK) ) has issued an update.
CleanSpark, Inc. has successfully completed its acquisition of GRIID Infrastructure Inc., aiming to expand its Bitcoin mining capacity in Tennessee to over 400 MW. The merger, approved by GRIID’s shareholders, is expected to enhance CleanSpark’s power supply diversity and operational flexibility. The integration of GRIID’s workforce with CleanSpark’s team is anticipated to accelerate the company’s growth in the Bitcoin industry, backed by Tennessee’s supportive business environment and reliable power infrastructure.
See more insights into CLSK stock on TipRanks’ Stock Analysis page.