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London
December 23, 2024
PI Global Investments
Infrastructure

Griid Infrastructure (NASDAQ:GRDI) Announces Quarterly Earnings Results



Griid Infrastructure (NASDAQ:GRDIGet Free Report) issued its quarterly earnings results on Wednesday. The company reported ($0.15) earnings per share (EPS) for the quarter, reports. The firm had revenue of $4.71 million during the quarter.

Griid Infrastructure Trading Down 1.0 %

Shares of NASDAQ:GRDI opened at $1.00 on Friday. The company’s 50-day simple moving average is $1.07. Griid Infrastructure has a 1 year low of $0.56 and a 1 year high of $9.66.

Institutional Investors Weigh In On Griid Infrastructure

An institutional investor recently bought a new position in Griid Infrastructure stock. Private Client Services LLC bought a new position in Griid Infrastructure Inc. (NASDAQ:GRDIFree Report) in the second quarter, according to its most recent filing with the SEC. The firm bought 38,200 shares of the company’s stock, valued at approximately $40,000. Private Client Services LLC owned approximately 0.05% of Griid Infrastructure as of its most recent SEC filing. Institutional investors and hedge funds own 77.77% of the company’s stock.

About Griid Infrastructure

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Griid Infrastructure Inc operates as a vertically integrated bitcoin mining company in North America. The company owns and operates a portfolio of energy infrastructure and data centers. It also engages in bitcoin mining operation, which operates specialized computers that generate cryptocurrency. The company was founded in 2018 and is based in Cincinnati, Ohio.

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