GRIID Infrastructure Inc. Warrant
GRDIW
NASDAQ0.02
USD
+0.00
- -
GRIID Infrastructure Inc. Warrant
GRDIW
(NASDAQ)
Recent
price
0.02
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- Business
- GRIID Infrastructure Inc. operates as a vertically integrated bitcoin mining company that owns and manages energy infrastructure and data centers powered by low-cost, low-carbon energy sources; it conducts bitcoin mining operations using specialized high-performance computers across facilities in North America, including key sites in Tennessee, New York, and Texas. The company offers core services encompassing the development, deployment, and maintenance of bitcoin mining hardware, advanced cooling and power distribution systems, and research and development for mining efficiency, with a research center in Austin, Texas, and repair facilities in Rutledge, Tennessee. Founded in 2018 and headquartered in Cincinnati, Ohio, GRIID targets cryptocurrency mining markets through long-term utility power contracts emphasizing sustainability and community integration. In October 2024, GRIID was acquired by CleanSpark Inc. in an all-stock transaction valued at $155 million enterprise value, expanding CleanSpark's bitcoin mining capacity in Tennessee to over 400 megawatts while adding geographic diversity in the Tennessee Valley Authority territory; the deal included a $5 million working capital loan and debt assumption, integrating GRIID's operations and workforce into CleanSpark's framework.