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<br>Nov 30 (Reuters) – Bitcoin miner Griid Infrastructure said on Tuesday it would go public by merging with blank-check firm Adit EdTech Acquisition Corp in a deal valuing the combined company at about $3.3 billion, 비트코인 including debt.<br> <br>Ohio-based Griid, the latest bitcoin mining startup to take the blank-check route, will receive $246 million in cash from Adit EdTech’s trust account after the deal closes.<br> <br>A surge in digital currencies this year and 비트코인 increasing backing from major companies have propelled startups in the sector to sky-high valuations in recent months, 비트코인 even as the industry faces scrutiny from regulators.<br> <br>Earlier this month, 비트코인 cryptocurrency miner Bitdeer Technologies agreed to merge with special-purpose acquisition company (SPAC) Blue Safari Group Acquisition in a deal valued at $4 billion.<br> <br>That deal followed another cryptocurrency miner Core Scientific Holding Co’s announcement in July of a merger with a SPAC backed by BlackRock Inc.<br> <br>A SPAC is a listed firm with no business operations but a pool of capital that it uses to merge with a private company.
The deal then takes the private company public.<br> <br>Griid Infrastructure will list on the New York Stock Exchange under the new ticker symbol “GRDI”.<br> <br>(Reporting by Mehnaz Yasmin and Radhika Anilkumar in Bengaluru; Editing by Aditya Soni)<br>
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