Foundry To Acquire Two Turnkey Mining Facilities From Compute North, Plus Right To Acquire Third Facility Under Development
Acquiring Company
Foundry
Acquired Company
Two Turnkey Mining Facilities
Palo AltoOtherInformation TechnologyFinancial ServicesDescription
Foundry Digital LLC ("Foundry" or the "Company"), a wholly-owned subsidiary of Digital Currency Group ("DCG"), focused on digital asset mining and staking, announced today that it has entered into an asset purchase agreement to acquire two turnkey cryptocurrency mining facilities and other assets, and an option to acquire a third facility that is under development, from large-scale computing infrastructure company Compute North.
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Frequently asked
Who acquired Two Turnkey Mining Facilities?
Two Turnkey Mining Facilities was acquired by Foundry, based in Palo Alto. The deal was reported on November 22, 2022. A subsidiary of DCG, Foundry Digital LLC is a financing and advisory company focused on digital asset mining and staking. Foundry is privately held and operates in Other.
When did Foundry acquire Two Turnkey Mining Facilities?
Foundry's acquisition of Two Turnkey Mining Facilities was reported on November 22, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Two Turnkey Mining Facilities do?
Two Turnkey Mining Facilities is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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