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CleanSpark: Acquiring GRIID A Positive Amid Industry Consolidation (NASDAQ:CLSK)

6 Mins read

CleanSpark’s (NASDAQ:NASDAQ:CLSK) announcement on June 27 to acquire non-profitable and indebted Bitcoin (BTC-USD) miner GRIID Infrastructure (NASDAQ:OTCPK:GRDI) for an enterprise value of $155 million may seem on the high side.

However, as seen in the year-to-date price action below, while

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