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GRIID Infrastructure (GRIID Infrastructure) Construction In Progress : $5.31 Mil (As of Sep. 2023)


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What is GRIID Infrastructure Construction In Progress?

GRIID Infrastructure's quarterly construction in progress increased from Dec. 2022 ($4.87 Mil) to Jun. 2023 ($5.10 Mil) and increased from Jun. 2023 ($5.10 Mil) to Sep. 2023 ($5.31 Mil).

GRIID Infrastructure's annual construction in progress increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($4.87 Mil) and increased from Dec. 2022 ($4.87 Mil) to Dec. 2023 ($5.31 Mil).

GRIID Infrastructure Construction In Progress Historical Data

The historical data trend for GRIID Infrastructure's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GRIID Infrastructure Construction In Progress Chart

GRIID Infrastructure Annual Data
Trend Dec21 Dec22 Dec23
Construction In Progress
- 4.87 5.31

GRIID Infrastructure Quarterly Data
Dec21 Jun22 Dec22 Jun23 Sep23 Dec23
Construction In Progress Get a 7-Day Free Trial - 4.87 5.10 5.31 5.31

GRIID Infrastructure Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

GRIID Infrastructure (GRIID Infrastructure) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GRIID Infrastructure Inc (NAS:GRDI) » Definitions » Construction In Progress
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Traded in Other Exchanges
GRDI:Canada
Address
2577 Duck Creek Road, Cincinnati, OH, USA, 45212
Website
Griid Holdco LLC is a vertically integrated Bitcoin mining company. It owns and operates a growing portfolio of energy infrastructure and high-density data centers across North America. The Company has built a cryptocurrency mining operation, which operates specialized computers (also known as miners) that generate cryptocurrency. Currently, the only cryptocurrency mined by GRIID is Bitcoin.

GRIID Infrastructure (GRIID Infrastructure) Headlines

From GuruFocus

Glancy Prongay & Murray LLP Announces Investigation of GRIID Infrastructure Inc. (GRDI)

By Business Wire • 03-05-2024