An overview of M&A deals in crypto mining

Over the past five years, and particularly over the course of 2021, we have seen an increasing number of merger and acquisition deals in the crypto mining space, which has contributed to the consolidation of the industry and together shaped the current landscape. 

In 2021 alone, at least 6 mining companies in North America have gone public through either business mergers or SPAC deals. We have also seen more mining companies acquiring land and power plants in order to own either self-hosting infrastructure or power resources, or both. These deals prove to be vital to new mining entrants and the expansion of existing mining operations.