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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 U.S. bitcoin mining company GRIID is moving forward with its merger deal to go public amid bitcoin’s recent market rally after multiple delays over the past two years. The spinoff firm from giant mining chip maker Bitmain said it had agreed to merge with Blue Safari Group Acquisition Corp. in a deal that would value it at $4 billion. Bitcoin mining firm Griid’s merger with a special purpose acquisition corporation (SPAC) to go public has encountered a roadblock, despite shareholders approving Griid, an Ohio-based Bitcoin self-mining company, is the latest Bitcoin miner to list on the New York Stock Exchange (NYSE). It would go public by merging with Adit EdTech Acquisition In a combination that will take the bitcoin miner public, Griid Infrastructure LLC is to merge with special purpose acquisition company (SPAC) Adit EdTech Acquisition Corp in

Breaking News: Bitcoin miner Griid is looking to go public in a significant $3.3 billion merger. Get the latest details on this developing story! Griid Infrastructure LLC is set to merge with special purpose acquisition company (SPAC) Adit EdTech Acquisition Corp in a combination that will take the bitcoin miner public. This move comes as Bitcoin sees a renewed market rally, potentially signaling a bullish future for the cryptocurrency mining industry.

Originally, 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 U.S. bitcoin mining company at around $3.3 billion. However, GRIID is moving forward with its merger deal to go public amid bitcoin’s recent market rally after multiple delays over the past two years. This marks a significant turning point after earlier reports indicated Bitcoin mining firm Griid’s merger with a special purpose acquisition corporation (SPAC) to go public has encountered a roadblock, despite shareholders approving the initial agreement.

Interestingly, Griid's path to going public isn't the first attempt. The spinoff firm from giant mining chip maker Bitmain said it had agreed to merge with Blue Safari Group Acquisition Corp. in a deal that would value it at $4 billion previously, before those plans ultimately shifted. Now, Griid, an Ohio-based Bitcoin self-mining company, is the latest Bitcoin miner poised to list on the New York Stock Exchange (NYSE) by merging with Adit EdTech Acquisition, solidifying its presence in the public market.

Stay tuned for updates on the Griid Infrastructure and Adit EdTech Acquisition Corp merger as it progresses. We'll be providing ongoing coverage of this important development in the Bitcoin mining world.

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