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Core Scientific Holding Co one of North America's top blockchain hosting and digital asset mining firms, announced its intention to go public on Nasdaq through a special purpose acquisition company on Wednesday (SPAC).
Power & Digital Infrastructure Acquisition Corp. (Nasdaq XPDI) a publicly traded SPAC backed by the world's largest asset manager Blackrock has agreed into a definitive merger agreement with the crypto company. Core Scientific will be acquired by XPDI under the terms of the deal. Core Scientific Inc will be the combined business's name, and it will remain a publicly traded company on the Nasdaq stock exchange.
Core Scientific describes itself as a "vertically integrated blockchain infrastructure and mining enterprise that is 100 percent net carbon neutral." North Dakota, North Carolina, Georgia, and Kentucky are among the states where it operates.
Power & Digital Infrastructure Acquisition Corp. (Nasdaq XPDI) a publicly traded SPAC backed by the world's largest asset manager Blackrock has agreed into a definitive merger agreement with the crypto company. Core Scientific will be acquired by XPDI under the terms of the deal. Core Scientific Inc will be the combined business's name, and it will remain a publicly traded company on the Nasdaq stock exchange.
Core Scientific describes itself as a "vertically integrated blockchain infrastructure and mining enterprise that is 100 percent net carbon neutral." North Dakota, North Carolina, Georgia, and Kentucky are among the states where it operates.