RBOT - Power & Digital Infrastructure Acquisition Corp. Warrants: Shareholders Approval In 4Q 2021 Will Unlock Significant Upside
- SPAC Power & Digital Infrastructure Acquisition Corp. warrants underperformed its peers even after announcing its potential merger with Core Scientific Holding Inc., a leading crypto mining and hosting company.
- China’s full blown ban on crypto mining and trading is an unprecedented blessing for crypto miners and hosters in North America, including Core Scientific Holding Inc.
- The SPAC deal is expected to be approved by the shareholders of Power & Digital Infrastructure Acquisition Corp. in Q4 which could be the immediate catalyst to close the valuation.
- Warrants of Power & Digital Infrastructure Acquisition Corp. could have 2-3x upside. If the potential merger is called off and no new deal is executed, the warrants could expire worthless as provided in the SPAC terms.
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Power & Digital Infrastructure Acquisition Corp. Warrants: Shareholders Approval In 4Q 2021 Will Unlock Significant Upside