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.