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GRIID Infrastructure

Closed (deSPAC)

Information Technology · bitcoin mining infrastructure · founded 2018

What it is
Infrastructure Inc
What it’s doing now
Merging with Adit EdTech Acquisition Corp. (ADEX) — closed (despac).
What you should know
Data is still being assembled for this company — what is shown below is everything we have verified so far.

The business, per its filings

SEC primary

Infrastructure Inc. GRIID (Cboe: GRDI) is a purpose-built bitcoin mining company, founded in 2018, that has operated mining facilities since 2019. GRIID has built long-term power relationships securing affordable, reliable, environmentally responsible power, enabling a vertically integrated self-mining business model with significant growth opportunity. Headquartered in Cincinnati, Ohio, GRIID operates a R&D Center in Austin, Texas and a Development, Deployment and Equipment Repair Center in Rutledge, Tennessee. Mining facilities are in Watertown, New York; Limestone, Maynardville and Lenoir City, Tennessee. To learn more, please visit www.griid.com .

Source: S-4/A, accession 0001193125-23-267452

What the company says about itself

Web research — not audited
What our web check found

[WEB-INTEL 2026-08-26] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bitcoin miner Griid Infrastructure said on Tuesday it would go public by merging with blank-check firm Adit EdTech Acquisition Corp in a ... $3.3 bln SPAC deal" [https://www.reuters.com/markets/currencies/bitcoin-miner-griid-infrastructure-go-public-via-33-bln-spac-deal-2021-11-30/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "CleanSpark Announces Agreement to Acquire GRIID Infrastructure Based on an enterprise value of $155 Million" [https://investors.cleanspark.com/news/news-details/2024/CleanSpark-Announces-Agreement-to-Acquire-GRIID-Infrastructure-Based-on-an-enterprise-value-of-155-Million-and-Expansion-Plans-of-over-400-MW-in-Tennessee/default.aspx] [WEB-INTEL 2026-08-26] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bitcoin miner Griid Infrastructure said on Tuesday it would go public by merging with blank-check firm Adit EdTech Acquisition Corp in a ... $3.3 bln SPAC deal" [https://www.reuters.com/markets/currencies/bitcoin-miner-griid-infrastructure-go-public-via-33-bln-spac-deal-2021-11-30/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "CleanSpark Announces Agreement to Acquire GRIID Infrastructure Based on an enterprise value of $155 Million" [https://investors.cleanspark.com/news/news-details/2024/CleanSpark-Announces-Agreement-to-Acquire-GRIID-Infrastructure-Based-on-an-enterprise-value-of-155-Million-and-Expansion-Plans-of-over-400-MW-in-Tennessee/default.aspx] [WEB-INTEL 2026-08-26] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bitcoin miner Griid Infrastructure said on Tuesday it would go public by merging with blank-check firm Adit EdTech Acquisition Corp in a ... $3.3 bln SPAC deal" [https://www.reuters.com/markets/currencies/bitcoin-miner-griid-infrastructure-go-public-via-33-bln-spac-deal-2021-11-30/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "CleanSpark Announces Agreement to Acquire GRIID Infrastructure Based on an enterprise value of $155 Million" [https://investors.cleanspark.com/news/news-details/2024/CleanSpark-Announces-Agreement-to-Acquire-GRIID-Infrastructure-Based-on-an-enterprise-value-of-155-Million-and-Expansion-Plans-of-over-400-MW-in-Tennessee/default.aspx] [WEB-INTEL 2026-08-26] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bitcoin miner Griid Infrastructure said on Tuesday it would go public by merging with blank-check firm Adit EdTech Acquisition Corp in a $3.3 bln SPAC deal." [https://www.reuters.com/markets/currencies/bitcoin-miner-griid-infrastructure-go-public-via-33-bln-spac-deal-2021-11-30/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "GRIID Infrastructure and Adit EdTech Acquisition Corp. (ADEX) Complete Merger December 29, 2023 … special meeting held on Nov. 30, 2023." [https://www.streetinsider.com/Corporate+News/GRIID+Infrastructure+and+Adit+EdTech+Acquisition+Corp.+%28ADEX%29+Complete+Merger/22577573.html] [WEB-INTEL 2026-08-29] 10 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "CleanSpark Announces Agreement to Acquire GRIID Infrastructure Based on an enterprise value of $155 Million and Expansion Plans of over 400 MW in Tennessee" [https://investors.cleanspark.com/news/news-details/2024/CleanSpark-Announces-Agreement-to-Acquire-GRIID-Infrastructure-Based-on-an-enterprise-value-of-155-Million-and-Expansion-Plans-of-over-400-MW-in-Tennessee/default.aspx] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Troutman Pepper Guides GRIID in $3.3B SPAC Merger with Adit EdTech Acquisition Corp." [https://www.troutman.com/insights/troutman-pepper-guides-griid-in-dollar33b-spac-merger-with-adit-edtech-acquisition-corp/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bitcoin miner Griid Infrastructure to go public via $3.3 bln SPAC deal" [https://www.reuters.com/markets/currencies/bitcoin-miner-griid-infrastructure-go-public-via-33-bln-spac-deal-2021-11-30/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Complete Merger December 29, 2023 … special meeting held on Nov. 30, 2023. GRIID Infrastructure Inc. Beginning on Tuesday, Jan. 2, 2024," [https://www.streetinsider.com/Corporate+News/GRIID+Infrastructure+and+Adit+EdTech+Acquisition+Corp.+%28ADEX%29+Complete+Merger/22577573.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "each share of GRIID common stock was converted into approximately 0.06959 of a share of CleanSpark common stock at the effective time of the merger" [https://www.prnewswire.com/news-releases/cleanspark-completes-acquisition-of-griid-infrastructure-inc-302292591.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "the completed acquisition of GRIID Infrastructure Inc. (Nasdaq: GRDI)("GRIID") on October 30, 2024, following approval of the transaction by stockholders of GRIID at the special meeting of its stockholders on October 28, 2024" [https://www.prnewswire.com/news-releases/cleanspark-completes-acquisition-of-griid-infrastructure-inc-302292591.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "the merger agreement originally announced on June 27, 2024" [https://www.prnewswire.com/news-releases/cleanspark-completes-acquisition-of-griid-infrastructure-inc-302292591.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "GRIID has requested that Nasdaq suspend trading of the GRIID common stock and GRIID public warrants on Nasdaq prior to the opening of trading on October 31, 2024" [https://www.prnewswire.com/news-releases/cleanspark-completes-acquisition-of-griid-infrastructure-inc-302292591.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The shares of GRIID common stock are expected to be delisted from Cboe Canada at the end of the day on October 31, 2024." [https://www.prnewswire.com/news-releases/cleanspark-completes-acquisition-of-griid-infrastructure-inc-302292591.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Beginning on Tuesday, Jan. 2, 2024, GRIID's common stock is" [https://content.edgar-online.com/ExternalLink/EDGAR/0001193125-24-000728.html?hash=913c9a56f50c4f9ab06c8f85f3e0c3971ac2c1171e5126d328e04c4fd0b27e55&dest=d941597dex31_htm] [WEB-INTEL 2026-08-30] 8 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "CleanSpark Announces Agreement to Acquire GRIID Infrastructure Based on an enterprise value of $155 Million and Expansion Plans of over 400 MW in Tennessee" [https://investors.cleanspark.com/news/news-details/2024/CleanSpark-Announces-Agreement-to-Acquire-GRIID-Infrastructure-Based-on-an-enterprise-value-of-155-Million-and-Expansion-Plans-of-over-400-MW-in-Tennessee/default.aspx] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Troutman Pepper Guides GRIID in $3.3B SPAC Merger with Adit EdTech Acquisition Corp." [https://www.troutman.com/insights/troutman-pepper-guides-griid-in-doll [WEB-INTEL 2026-09-08] 10 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The merger between GRIID and Adit EdTech Acquisition Corp. ("ADEX") represents a pro forma combined company enterprise value of approximately $3.3 billion." [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] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The $246 million of anticipated net transaction proceeds, assuming no redemptions, and an existing $525 million credit facility will be used to fund GRIID's growth and accelerate scale." [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] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "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 mi" [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] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The transaction is expected to provide approximately $246 million of cash at closing from Adit EdTech's trust account, after payment of Adit EdTech's transaction expenses and without giving effect to any redemptions by Adit EdTech public st" [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] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The proposed transaction is expected to close in the first quarter of 2022, subject to customary closing conditions, including the receipt of regulatory approvals and approval of Adit EdTech's stockholders." [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] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "GRIID anticipates fiscal year 2023 revenue of $1.6 billion." [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] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "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" [https://www.reuters.com/markets/currencies/bitcoin-miner-griid-infrastructure-go-public-via-33-bln-spac-deal-2021-11-30/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "On December 29, 2023, GRIID issued a press release announcing the consummation of the Merger." [https://content.edgar-online.com/ExternalLink/EDGAR/0001193125-24-000728.html?hash=913c9a56f50c4f9ab06c8f85f3e0c3971ac2c1171e5126d328e04c4fd0b27e55&dest=d941597dex31_htm] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Complete Merger December 29, 2023 … special meeting held on Nov. 30, 2023. GRIID Infrastructure Inc. Beginning on Tuesday, Jan. 2, 2024," [https://www.streetinsider.com/Corporate+News/GRIID+Infrastructure+and+Adit+EdTech+Acquisition+Corp.+%28A

Source: company web presence · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

GRIID Infrastructure is merging with Adit EdTech Acquisition Corp. (ADEX) currently marked Closed (deSPAC).

Headline equity value—
PIPE≈ $3.2B · unsourced

Structure per SEC accession(s) 0001193125-21-366319, 0001193125-24-223759. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is GRIID Infrastructure going public?

GRIID Infrastructure has an approved merger with the SPAC Adit EdTech Acquisition Corp. (ADEX). Deal status: Closed (deSPAC).

Does GRIID Infrastructure have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

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