Greenidge Generation Holdings Inc Stock Price, News & Analysis

Greenidge Generation (Nasdaq: GREE) commenced concurrent offers to exchange or purchase its outstanding 8.50% Senior Notes due 2026 (Old Notes) as of October 6, 2025.

The Exchange Option would deliver $14.85 principal of new 10.00% Senior Notes due 2030 for each $25.00 principal of Old Notes. The Tender Option pays $10.75 cash per $25 of Old Notes, or an Early Tender Premium of $12.50 for tenders at or prior to 5:00 PM EDT on Oct 21, 2025. The maximum aggregate principal subject to the Offer is $38,409,825.

The Offer expires at 5:00 PM EDT on Nov 5, 2025, is subject to a $3.6 million cash payment limit (pro rata purchases if exceeded), and notes tendered will accrue approximately $0.54 per $25 in interest to but not including Oct 31, 2025. The company cautions the New Notes may not develop an active trading market.

Greenidge Generation (NASDAQ: GREE) has announced the final results of its Tender/Exchange Offer for its 8.50% Senior Notes due 2026. The offer, which expired on September 29, 2025, allowed holders to either sell their notes for cash or exchange them for new 10.00% Senior Notes due 2030.

Of the $44.35 million outstanding notes, holders tendered $5.83 million for cash at $10.00 per $25.00 principal amount, and exchanged $108,250 for new notes at a rate of $11.00 in new notes per $25.00 of old notes. The total tender/exchange amount was $5.94 million, leaving $38.41 million in original notes outstanding. The company expects to issue approximately $49,016 in new notes, which will trade on the OTC Market under symbol "GREEN" instead of Nasdaq due to the small offering size.

Greenidge Generation Holdings (NASDAQ:GREE), a vertically integrated cryptocurrency datacenter and power generation company, has completed the sale of its bitcoin mining facility in Columbus, Mississippi. The transaction, which closed on September 16, 2025, was executed with US Digital Mining Mississippi LLC for a consideration of $3.9 million, subject to customary adjustments and expenses.

Greenidge Generation (NASDAQ: GREE) has announced significant amendments to its previously announced tender and exchange offers for its 8.5% Senior Notes due 2026. The company has increased the tender offer price to $10.00 plus accrued interest for each $25.00 principal amount of Old Notes and extended the expiration date to September 29, 2025.

As of September 11, 2025, $3,972,675 in principal amount has been validly tendered under the Tender Option, while $1,375 has been tendered under the Exchange Option, out of a total outstanding principal amount of $44,353,500. Key changes include the removal of the Early Tender Premium and holders who previously tendered don't need additional action to receive the increased price.

Greenidge Generation (NASDAQ:GREE) has launched a concurrent Tender/Exchange Offer for its outstanding 8.50% Senior Notes due 2026. The offer includes two options: an Exchange Option offering $11.00 in new 10.00% Senior Notes due 2030 for each $25.00 of old notes, and a Tender Option to purchase notes for $8.50 cash per $25.00 principal amount, with an Early Tender Premium of $9.00 if tendered by September 11, 2025.

The Exchange Option represents a 34% premium to the August 26 closing price of $8.20. The cash purchase is limited to $2.0 million, or $5.9 million if certain asset purchase transactions close by September 16. The offer expires on September 26, 2025, with a maximum aggregate principal amount of $44,353,800 eligible for exchange or purchase.

Greenidge Generation (NASDAQ: GREE) announced that Data Journey LLC has terminated their Purchase and Sale Agreement dated November 27, 2024. The agreement involved the sale of 152 acres of land in Spartanburg, South Carolina, along with power rights, for $12.1 million in cash plus an 8% profit participation interest in the planned data center facility.

The termination comes after previous amendments that allowed Data Journey an option to complete the transaction by August 25, 2025. Greenidge will retain $400,000 in non-refundable deposits from Data Journey. The company plans to continue securing the property's long-term power rights and explore value maximization opportunities for shareholders.

Greenidge Generation (NASDAQ:GREE), a cryptocurrency datacenter and power generation company, reported its Q2 2025 financial results and business updates. The company achieved a 38.2% reduction in senior unsecured debt to $44.6 million through exchanges and a public tender offer.

Q2 2025 financial highlights include total revenue of $12.9 million, with cryptocurrency mining revenue of $4.2 million, datacenter hosting revenue of $6.0 million, and power revenue of $2.6 million. The company reported a net loss of $4.1 million but maintained positive adjusted EBITDA of $0.4 million.

Strategic developments include the acquisition of a 37-acre Mississippi site expected to provide 44 MW of low-cost power by July 2026, the planned sale of their South Carolina property, and the appointment of Charles M. Zeynel to the Board. The company's Dresden power plant achieved a 99.6% energy availability rate in July.

Greenidge Generation (NASDAQ: GREE) has announced the final results of its Tender/Exchange Offer for its 8.50% Senior Notes due 2026. The offer, which expired on July 18, 2025, allowed holders to either exchange their notes for new 10.00% Senior Notes due 2030 or tender them for cash.

Of the $58,274,700 outstanding principal amount, $13,685,900 was accepted in the offer, with $8,901,325 accepted for cash tender at $9.00 per $25.00 principal amount, and $4,784,575 exchanged for new notes at $11.00 in new notes per $25.00 principal amount. The company will issue $2,105,213 in new notes, which will trade under symbol "GREEN" on the OTC Market instead of Nasdaq due to not meeting minimum listing requirements.

Greenidge Generation (NASDAQ: GREE) has announced early results of its concurrent tender and exchange offers for its outstanding 8.5% Senior Notes due 2026. The company increased its Cash Payment Limit from $3,000,000 to $3,204,477 for the Tender Option.

As of the Early Tender Date (July 2, 2025), $17,802,650 in principal amount was validly tendered under the Tender Option, with an approximate 50% proration factor. Additionally, $1,373,475 of Old Notes were tendered under the Exchange Option. The company will settle accepted Tender Option notes on July 9, 2025, offering $9.00 in cash for each $25.00 principal amount plus accrued interest.