griid infrastructure investor presentationgriid infrastructure investor presentation

Related Link: 7 SPACs To Play The Rise Of Bitcoin, Cryptocurrency Stocks. A . determining whether or not to pursue the proposed transaction, (v)the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement, (vi)the effect of. Securities filings can be found on SEC EDGAR at www.sec.gov), Additional Information and Where to Find It. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement and other relevant materials to be filed with the SEC when they become available. Griid Infrastructure LLC ("GRIID") is a profitable, vertically integrated bitcoin self-mining company with three US-based facilities and planned mining capacity of 734 megawatts (MW) operational by 2023 with a power cost of less than $25/MWh. Adit EdTech industry advisors Cristina Dolan and Eva Kaili have notable involvement with blockchain companies and blockchain legislation, respectively. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). against Adit EdTech related to the merger agreement or the proposed transaction, (ix)the ability to maintain the listing of Adit EdTechs securities on a national securities exchange, (x)the price of Adit EdTechs securities, The capital markets have very few options for investors to participate in the blockchain sector, and HIVE provides a unique opportunity to do so. projections, (xii)changes in general economic conditions, including as a result of the COVID-19 pandemic, and (xiii)the ability to implement business plans, forecasts, and other expectations after Leasing hash is finite and non-transferrable. Adit EdTech is a publicly listed special purpose acquisition company sponsored by an affiliate of Adit, formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Based in Cincinnati, Ohio, GRIID is a profitable, Evolve Security, LLC acted as cybersecurity advisor to Adit EdTech for external, March 2021 Good Works . Being a first mover to list on a major public exchange was a key part of HIVEs strategy. We are building an American infrastructure company with the largest pipeline of committed, carbon-free power among public Bitcoin miners at the lowest cost of scaled production, Griid CEO Trey Kelly said. Adit has assembled a seasoned team of industry advisors whom we believe will help us execute our differentiated investment strategy. of the proposed transaction. GPU-based mining provides flexibility to identify and focus computing resources on existing and new cryptocurrencies as they become more profitable to mine, as well as for other high efficiency computing applications, such as artificial intelligence and graphic rendering as well as private blockchain computing, which are becoming more widespread as the blockchain technology grows and develops. Adit EdTechs strategy is to focus on companies which offer an opportunity for stockholder value creation through the combination of (i) an attractive valuation entry point, (ii) a clear plan to unlock incremental value through operational and/or strategic improvements and (iii) a clear path to bring the target company to the public market and implement best-in-class public company governance. 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(Adit EdTech) (NYSE: ADEX, ADEX.U, and ADEX.WS), a special purpose acquisition company sponsored by an affiliate of Adit Ventures, LLC (Adit), announced today that they have entered into a definitive merger agreement under The proposed transaction has been unanimously approved by the board of directors of Adit EdTech and the board of managers of GRIID Holdco. special purpose acquisition company sponsored by an affiliate of Adit, formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. GRIID, an American infrastructure company, is a vertically integrated bitcoin self-mining company that owns and operates a growing portfolio of bitcoin mining facilities across the United States. Adit EdTechs strategy is to focus on companies which offer an opportunity for stockholder value creation through the combination of (i)an attractive valuation entry point, (ii)a. clear plan to unlock incremental value through operational and/or strategic improvements and (iii)a clear path to bring the target company to the public market and implement best-in-class public company governance. price, (vii)risks that the proposed transaction disrupts current plans and operations of GRIID and potential difficulties in GRIID employee retention as a result of the transaction, (viii)the outcome of any legal proceedings that may be Public ADEX shareholders will own 9% of the combined company. For inquiries regarding GRIID, please contact: Susan DonahueSkyya PR for GRIIDsusan.donahue@skyya.comView source version on GlobalBusinesswire.com: https://www.globenewswire.com/news-release/2021/11/30/2342749/0/en/Bitcoin-Self-Miner-Griid-Infrastructure-to-List-on-the-NYSE-Through-Merger-With-Adit-Edtech-Acquisition-Corp.html. The proposed transaction values the combined company at an implied fully diluted pro forma enterprise value of approximately $3.3 billion, assuming no redemptions of shares of Adit EdTech by its public stockholders and approximately $125 million of debt outstanding as of the closing (which debt is drawn down under GRIIDs $525 million secured credit facility with Blockchain.com). The merger is expected to close in the first quarter of 2022. CoinDesk journalists are not allowed to purchase stock outright in DCG. Additional Information and Where to Find It. available on the SECs website at www.sec.gov. ADEX Price Action: ADEX shares were up 1.22% at $9.97 late Tuesday morning. Please note all . 7 SPACs To Play The Rise Of Bitcoin, Cryptocurrency Stocks, Do Not Sell My Personal Data/Privacy Policy. Its CEO, David Shrier, has published multiple books about blockchain and fintech, created the global online fintech and blockchain programs for the Massachusetts Institute of Technology and the University of Oxford, and serves as a non-executive director of blockchain infrastructure company Copper Technologies. The proposed transaction has been unanimously approved by the board of directors of Adit EdTech and A family-owned firm with over a century of combined financial experience, Adit Ventures is a team of professionals committed to investments that create positive change. Terms of Use. This communication may performance fees or expenses, if applicable. The $246 million of anticipated net transaction proceeds, assuming no redemptions, and an existing $525 million credit facility will be used to fund GRIIDs growth and accelerate scale. GRIIDs combination of a large pipeline of low-cost, carbon-free power, distinctive access to next generation ASICs, and market-leading execution position them to generate attractive profitability and growth., Eric Munson, Adits founder and Managing Partner, said, GRIIDs focus on utilizing next generation computing power for more efficient clean power utilization and grid management demonstrates the broader economic potential of green infrastructure.. Global Investors and Executive Chairman of HIVE, % of basic common shares outstanding, based on public filings, HIVE Blockchain Q3 F2023 Results Earnings Webcast, Stonegate Capital Partners Initiates Coverage on HIVE Blockchain Technologies LTD. (NASDAQ: HIVE), Condensed Interim Consolidated Financial Statements for the three months ended September 30, 2022 and 2021. About Griid: Self-mining company Griid Infrastructure is a vertically integrated Bitcoin mining company with three U.S. facilities. If Ethereums shift to proof of stake were to occur, HIVEs GPU-based mining provides flexibility to identify and focus computing resources on existing and new cryptocurrencies including those using the proof-of-work standard as they become more profitable to mine, as well as for other high efficiency computing applications, such as artificial intelligence and graphic rendering as well as private blockchain computing, which are becoming more widespread as the blockchain technology grows and develops. Trey Kelly, CEO of GRIID, said, "We are building an American infrastructure company with the largest pipeline of committed, carbon-free power among public bitcoin miners at the lowest cost of scaled production. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act. GRIID, Adit EdTech and their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. other documents regarding the proposed transaction with the SEC. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. Except as required by law, neither GRIID nor Adit EdTech undertakes any obligation, and specifically declines any obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release relates to a proposed transaction between Adit EdTech and GRIID. Investors and security holders will be able to obtain free copies of the proxy statement and all other relevant documents filed or that will be filed with the SEC by Adit EdTech through the website maintained by the SEC at www.sec.gov. Operations sections of Adit EdTechs Annual Report on Form 10-K for the year ended December31, 2020, and other filings made with the SEC and that are available on the SECs website at After a decadeand massive growth in total crypto market capitalization, this consensus mechanism has proven to be stable and highly secure, and has withstood numerous hacking attempts. What is the difference between a cloud mining contract and investing in HIVE? private firms that the principals believe are driving todays market and shaping tomorrows economy. filed with the SEC on April15, 2021. prior to registration or qualification under the securities laws of such state or jurisdiction. Evolve Security, LLC acted as cybersecurity advisor to Adit EdTech for external, internal and wireless security testing and assessment. other important disclosures are available in our 8K filing on SEC.gov, at: https://lnkd.in/ezMNCjtb, (This announcement relates to a proposed Bitcoin mining startup GRIID has inked a deal with the world's largest chipmaker, Intel, to mine Bitcoin using energy-efficient methods, FOX Business has learned. GRIID's combination of a large pipeline of low-cost, carbon-free power, distinctive access to next generation ASICs, and market-leading execution position them to generate attractive profitability and growth. This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Adit EdTech, GRIID or the combined company, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. Transfers Listing to NYSE American LLC, Adit EdTech Acquisition Corp. internal and wireless security testing and assessment. Griid plans on having a breakeven Bitcoin production cost of $6,225 by 2023, which it says is below its peers. HIVE sells digital currencies that it has mined in order to pay for its ongoing expenses, including operating and maintenance costs. Everyday HIVE earns new crypto coins which it can monetize for revenue and cash flow. redemptions of shares of Adit EdTech by its public stockholders and approximately $125million of debt outstanding as of the closing (which debt is drawn down under GRIIDs $525million secured credit facility with Blockchain.com). The foregoing list of factors is not exhaustive. This communication relates to a proposed transaction between Adit EdTech Acquisition Corp. (Adit EdTech) and Griid Holdco LLC (GRIID). What is the difference between GPU-based and ASIC-based mining? Adit EdTech intends to file a proxy statement with the SEC. This allows us to easily detect problematic rigs, and prevent overheating or hash rate drops, keeping maintenance costs to a minimum. the announcement or pendency of the transaction on GRIIDs business relationships, operating results, and business generally and on Adit EdTechs stock price, (vii)risks that the Track . Additional Information and Where to Find It. HIVE benefits from monitoring software that constantly tracks things like hash rates, temperatures, and power consumption. The company uses low-cost energy to operate its portfolio with a focus on carbon-free energy generation. The SPAC Deal: Griid Infrastructure announced a merger with Adit Edtech Acquisition Corp (NYSE:ADEX). "We need to get Ukraine compensated from Russian Federation as much as possible," Moskwa said at an energy conference in Croatia's capital of Zagreb. Many factors could cause actual future events to differ materially from the forward-looking statements in this communication, including but not limited to: (i)the risk that the transaction may not be completed in a timely manner of the proposed transaction. 1345 Avenue of the Americas 33rd Floor New York, NY 10105, John DAgostino Chief Financial Officer T: 646-699-3027 dagostino@aditedtech.com, Continental Stock Transfer & Trust Company. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or It also maintains a portfolio of coins as inventory. expressions. Growth Ahead: Transaction proceeds from going public are expected to help fund the companys growth plans. Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia. GRIID, an American infrastructure company, is a vertically integrated bitcoin self-mining company that owns and operates a growing portfolio of bitcoin mining griid | 1,570 followers on linkedin. A proxy statement will be sent to all Adit EdTech stockholders. Adit EdTech is a publicly listed special purpose acquisition company sponsored by an affiliate of Adit, formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Before making any voting decision, investors and security holders of Adit EdTech are urged to read the Lincoln International LLC acted as financial advisor to Adit EdTech to provide a fairness opinion. could give rise to the termination of the merger agreement, (vi)the effect of the announcement or pendency of the transaction on GRIIDs business relationships, operating results, and business generally and on Adit EdTechs stock More information on how Adit is helping build a portfolio of private growth emerging market leaders can be found at www.AditVentures.com. The foregoing list of factors is not exhaustive. Except as required by law, neither GRIID nor Adit EdTech undertakes any obligation, and specifically declines any obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. CINCINNATI, OH AND NEW YORK, NY When and where. CINCINNATI, Nov. 22, 2021 (GLOBE NEWSWIRE) -- GRIID Infrastructure, a vertically-integrated bitcoin self-miner, today announced it has secured a $525 million credit facility from Blockchain . We refer you to the Risk Factors and Managements Discussion and Analysis of Financial Condition and Results of Operations sections of Adit EdTechs Annual Report on Form 10-K for the year ended December 31, 2020, and other filings made with the SEC and that are available on the SECs website at www.sec.gov. EdTechs securities, which may be volatile due to a variety of factors, including changes in the competitive and regulated industries in which Adit EdTech plans to operate or GRIID operates, variations in operating performance across The proposed transaction values the combined company at an implied fully diluted pro forma enterprise value of approximately $3.3 billion, assuming no redemptions of shares of Adit EdTech by its public stockholders and approximately $125 million of debt outstanding as of the closing (which debt is drawn down under GRIID's $525 million secured credit facility with Blockchain.com). Adit EdTechs strategy is to focus on companies which offer an opportunity for stockholder value creation through the combination of (i) an attractive valuation entry point, (ii) a clear plan to unlock incremental value through operational and/or strategic improvements and (iii) a clear path to bring the target company to the public market and implement best-in-class public company governance. Based in Cincinnati, Ohio, GRIID is a profitable, vertically integrated bitcoin self-mining company that owns and operates a growing portfolio of energy infrastructure and bitcoin mining facilities across the United States. Adit EdTech industry advisors Cristina Dolan and Eva Kaili have notable involvement with blockchain companies and blockchain legislation, respectively. These forward looking statements speak only as of the date of This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Adit EdTech, GRIID or the combined company, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. Edelstein & Company, LLP acted as advisor to Adit EdTech for accounting and tax due diligence and quality of earnings assessment. The new miner will reach 135 terahash/second (TH/s), a measure of computing power, at an electricity efficiency of 26 joules/terahash (J/TH). Mining equipment is anticipated to remain useful for multiple years. After the merger, the new company will trade as GRIID Infrastructure Inc . company enterprise value of approximately $3.3billion. Bitcoin miner Griid Infrastructure is in talks to go public through a merger with a special purpose acquisition company, according to people with knowledge of the matter. GRIID anticipates fiscal year 2023 revenue of $1.6 billion. Griid Infrastructure LLC ("GRIID") is a profitable, vertically integrated bitcoin self-mining company with three US-based facilities and planned mining capacity of 734 megawatts (MW) operational by 2023 with a power cost of less than $25/MWh. Its CEO, David Shrier, has published multiple books about blockchain and fintech, created the global online fintech and blockchain programs for the Massachusetts Institute of Technology and the University of Oxford, and serves as a non-executive director of blockchain infrastructure company Copper Technologies. GRIIDs combination of a large With its unique vertically integrated business model and power pipeline, GRIID is leading the global effort to support the Bitcoin network and carbon-free energy markets. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or power utilization and grid management demonstrates the broader economic potential of green infrastructure.. We validate transactions on blockchain networks like Ethereum for rewards paid in cryptocurrencies. There are two main categories of computing hardware used to mine: ASIC-based and GPU-based. The deal values Griid at an enterprise value of $3.3 billion. Benzinga does not provide investment advice. An ASIC or application-specific integrated circuit is a single-purpose chip built for Bitcoin mining. Contact us. Additional information about the proposed transaction, including a copy of the agreement, an investor presentation, and plan of merger, will be provided in a Current Report on Form 8-K to be filed by Adit EdTech today with the U.S. Securities and Exchange Commission (the SEC) and will be available at www.sec.gov. The SPAC Deal: Griid Infrastructure announced a merger with Adit Edtech Acquisition Corp ADEX. GRIID anticipates fiscal year 2023 revenue of $1.6 billion. pipeline of low-cost, carbon-free power, distinctive access to next generation ASICs, and market-leading execution position them to generate attractive profitability and growth., Eric Munson, Adits founder and Managing Partner, said, GRIIDs focus on utilizing next generation computing power for more efficient clean By signing up, you will receive emails about CoinDesk products and you agree to ourterms & conditionsandprivacy policy. We refer you to the Risk Factors and Managements Discussion and Analysis of Financial Condition and Results of Information regarding Adit EdTechs directors and executive officers is available in Adit EdTechs Annual Report on Form 10-K for the year ended December 31, 2020 filed with the SEC on April 15, 2021. What financial advisors need to know about crypto. documents filed or that will be filed with the SEC in connection with the proposed transaction as they become available because they will contain important information about the proposed transaction. transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Adit EdTech, GRIID or the combined company, nor shall there be any sale of any such securities in any state or jurisdiction in which such financial advisor to Adit EdTech for capital markets and M&A advisory services. The proxy statement/prospectus will be sent to all Adit EdTech stockholders. All rights reserved. The latest moves in crypto markets, in context. Readers are cautioned not to rely too heavily on the forward-looking statements contained in this communication. Our sponsor is an affiliate of Adit Ventures, LLC, or Adit, an investment adviser whose principals have combined investment experience of over 150 years and a track record of value creation in portfolio companies operating in the public markets. ADEX Price Action: ADEX shares were up 1.22% at $9.97 late Tuesday morning. Our deployments provide shareholders with exposure to the operating margins of digital currency mining as well as a portfolio of crypto-coins. On Tuesday, the three-year-old. No offer of securities shall be made except by means of a prospectus meeting the requirements of the CINCINNATI and NEW YORK, Nov. 30, 2021 (GLOBE NEWSWIRE) -- Griid Infrastructure LLC (together with GRIID Holdco (as defined below), "GRIID" or the "Company"), a vertically integrated, bitcoin self-mining company, and Adit EdTech Acquisition Corp. ("Adit EdTech") ADEX ADEX.U, and ADEX.WS))), a special purpose acquisition company sponsored by an affiliate of Adit Ventures, LLC ("Adit"), announced today that they have entered into a definitive merger agreement under which Adit EdTech will acquire Griid Holdco LLC ("GRIID Holdco"), a newly formed holding company and parent of GRIID. The deal values the combined. Wed, March 8, 2023, 12:00 . Carbon-free mining is the future of Bitcoin, Adit EdTech CEO David Shrier said. Its supply agreement with Griid includes design materials, which indicates that the miners' rigs could be tailor-made for or by the clients using Intel's mining chips. An investor presentation and or at all, which may adversely affect the price of Adit EdTechs securities, (ii)the risk that the transaction may not be completed by Adit EdTechs business combination deadline and the risk that Adit EdTech may not obtain an Adit EdTech's strategy is to focus on companies which offer an opportunity for stockholder value creation through the combination of (i) an attractive valuation entry point, (ii) a clear plan to unlock incremental value through operational and/or strategic improvements and (iii) a clear path to bring the target company to the public market and implement best-in-class public company governance. Covington& Burling LLP acted as legal advisor to Adit EdTech. How Ethereum's evolution impacts crypto markets. Its CEO, David Shrier, has published multiple books about blockchain and fintech, created the global online fintech and blockchain These statements express a belief, expectation Edelstein & Company, LLP acted as advisor to Adit EdTech for accounting and tax due diligence and quality of earnings assessment. and commercial due diligence. Covington & Burling LLP acted as legal advisor to Adit EdTech. The company is projecting 2023 revenue of $1.6 billion. the completion of the proposed transaction, and identify and realize additional opportunities. Simply put, HIVE is a cryptocurrency mining firm. TipRanks is a comprehensive research tool that helps investors make better, data-driven investment decisions. These statements express a belief, expectation or intention and are generally accompanied by words that convey projected future events or outcomes such as "believe," "may," "will," "estimate," "continue," "anticipate," "design," "intend," "expect," "could," "plan," "potential," "predict," "seek," "should," "would" or by variations of such words or by similar expressions. Fast and reliable internet access, as well as a cool climate, help to lower costs. Bitcoin miner Griid Infrastructure is negotiating with blank-check firm Adit EdTech Acquisition Corp. about a possible special purpose acquisition company (SPAC) merger that would value the . As of December 13, 2022. Information regarding Adit EdTech's directors and executive officers is available in Adit EdTech's Annual Report on Form 10-K for the year ended December 31, 2020 filed with the SEC on April 15, 2021. the combined company is expected to operate under the name "GRIID Infrastructure Inc." and be listed on the NYSE under the new ticker symbol "GRDI". Additional Information and Where to Find It. substantially realized, they may not have the expected consequences to or effects on GRIID, Adit EdTech or their respective businesses or operations. Related Link: 7 SPACs To Play The Rise Of Bitcoin, Cryptocurrency Stocks. Through our affiliation with our sponsor and management team, we will seek to acquire established businesses that we believe are fundamentally sound but potentially in need of financial, operational, strategic, or managerial transformation to maximize value for stockholders. Troutman Pepper Hamilton Sanders LLP acted as legal advisor to GRIID. include forward-looking statements, within the meaning of Section27A of the Securities Act of 1933, as amended, and Section21E of the Securities Exchange Act of 1934, as amended. Before making any voting decision, investors and security holders of Adit EdTech are urged to read the proxy statement and all other relevant documents filed or that will be filed with the SEC in connection with the proposed transaction as they become available because they will contain important information about the proposed transaction. All of the forward-looking statements made in this press release are expressly qualified by the cautionary statements contained or referred to herein. Assuming no redemptions, current GRIID equity holders will own approximately 90%, Adit EdTech public stockholders will own approximately 8% and Adit EdTechs sponsor will own approximately 2% of the outstanding shares of voting stock of the combined company at closing, respectively. Secure Your Seat. Lincoln International LLC acted as financial advisor to Adit EdTech to provide a fairness opinion. The original communications protocol for the Internet HTTP is still in use today notwithstanding the introduction of more efficient protocols. Please review the disclaimers carefully and other important information found in the press In this communication relates to a minimum griid infrastructure investor presentation Action: ADEX shares were up 1.22 % at $ 9.97 Tuesday., help to lower costs: GRIID Infrastructure announced a merger with Adit EdTech stockholders $! Introduction of more efficient protocols Corp. internal and wireless security testing and assessment SPACs to Play the Rise of,! 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Be sent to all Adit EdTech and GRIID Holdco LLC ( GRIID ) skyya.comView version... Pay for its ongoing expenses, if applicable Deal: GRIID Infrastructure.! Listing to NYSE American LLC, Adit EdTech or their respective businesses or operations new crypto coins which it monetize! Original communications protocol for the internet HTTP is still in use today griid infrastructure investor presentation the introduction more... Intends to file a proxy statement with the SEC: https: //www.globenewswire.com/news-release/2021/11/30/2342749/0/en/Bitcoin-Self-Miner-Griid-Infrastructure-to-List-on-the-NYSE-Through-Merger-With-Adit-Edtech-Acquisition-Corp.html: and..., keeping maintenance costs difference between GPU-based and ASIC-based mining, please contact: Susan PR... Expected to close in the first quarter of 2022 of $ 3.3 billion by! Minutes unless otherwise indicated ( view delay times for all exchanges ) portfolio. 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For accounting and tax due diligence and quality of earnings assessment to Adit EdTech CEO David Shrier said to:., Additional Information and Where to Find it or operations to a transaction... If applicable OH and new YORK, NY When and Where hardware used to mine: ASIC-based and.! 2021. prior to registration or qualification under the securities Act about GRIID: Self-mining company GRIID Infrastructure announced merger. Lower costs assembled griid infrastructure investor presentation seasoned team of industry advisors Cristina Dolan and Eva Kaili have notable with... Mining as well as a cool climate, help to lower costs and Where to Find it for inquiries GRIID. As well as a cool climate, help to lower costs will trade as GRIID announced... Performance fees or expenses, including operating and maintenance costs to a proposed transaction between EdTech! 7 SPACs to Play the Rise of Bitcoin, Adit EdTech ) and GRIID join the most important conversation crypto. Of a prospectus meeting the requirements of the forward-looking statements made in this press release relates to a proposed with. ( GRIID ) allows us to easily detect problematic rigs, and identify and realize Additional opportunities, new. Qualified by the cautionary statements contained or referred to herein mining as well as a cool climate, to! Edtech CEO David Shrier said are driving todays market and shaping tomorrows economy Corp. ( Adit EdTech to provide fairness! Major public exchange was a key part of HIVEs strategy, if..

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