Welcome to our dedicated page for Greenidge Generation Holdings news (Ticker: GREE), a resource for investors and traders seeking the latest updates and insights on Greenidge Generation Holdings stock.
Greenidge Generation Holdings Inc. (Nasdaq: GREE) is a vertically integrated power generation and cryptocurrency datacenter company whose news flow centers on operations, regulatory developments, capital structure, and asset transactions. Company announcements describe a business that combines power generation with cryptocurrency mining, datacenter hosting, and power and capacity activities, anchored by its Dresden, New York facility.
On this page, readers can review GREE news related to cryptocurrency mining performance, datacenter hosting activity, and power and capacity revenue, as reported in company press releases. Greenidge regularly issues updates on quarterly financial and operating results, including metrics such as total revenue, cryptocurrency mining revenue, datacenter hosting revenue, power and capacity revenue, and bitcoin production, along with non-GAAP measures like EBITDA, Adjusted EBITDA, and Adjusted Free Cash Flow.
Greenidge news also covers significant regulatory milestones, particularly around the company’s Title V Air Permit for the Dresden facility. The company has reported a stipulation of settlement with the New York State Department of Environmental Conservation and a historic agreement on a new five-year permit that includes greenhouse gas emissions limits and confirms the facility’s ability to continue supplying power to the local grid while operating as a cryptocurrency datacenter.
Another recurring theme in GREE updates is capital structure and debt management, including tender and exchange offers for its 8.50% Senior Notes due 2026 and the issuance of 10.00% Senior Notes due 2030. Press releases detail the terms, early results, and final results of these offers. In addition, Greenidge issues news about asset sales and development, such as the sale of its Mississippi bitcoin mining facility and the sale of its Spartanburg, South Carolina property and associated electrical capacity rights, as well as commentary on expansion properties and power contracts.
Investors and observers who follow GREE news can use this page to monitor company-reported developments affecting its power generation operations, cryptocurrency mining and hosting activities, regulatory agreements, and senior notes. Bookmark this feed to access a consolidated view of Greenidge’s official announcements and updates over time.
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.
Greenidge Generation (NASDAQ: GREE) reported its Q1 2025 financial results, showing total revenue of $19.2 million with a net loss of $5.6 million. The company's revenue streams included cryptocurrency mining ($4.2M), datacenter hosting ($5.8M), and power and capacity ($9.2M), producing 112 BTC during the quarter.
The company reduced its debt to $60.2 million, a 16.6% reduction from the original $72.2 million. Greenidge appointed Kenneth Fearn and Christopher Krug as independent directors and secured a new 37-acre site in Mississippi with 40 MW of additional power capacity expected by July 2026. The company currently operates 119MW across sites in New York, Mississippi, and North Dakota, with plans to expand to 161.5MW in the near term.
As of Q1 2025, Greenidge maintains $4.9 million in cash, $8.4 million in Bitcoin, and $66.7 million in debt, while operating 3.3 EH/s of total hashrate capacity.
Greenidge Generation Holdings (Nasdaq: GREE) announced significant changes to its Board of Directors effective April 17, 2025. The company appointed two new independent directors: Kenneth Fearn, a senior executive with over 30 years of experience in investments, finance, and M&A, specializing in real estate, and Christopher Krug, an experienced founder and public markets investor focused on small-cap companies.
The appointments are part of Greenidge's ongoing Board refreshment process. Concurrent with these additions, David Anderson and Daniel Rothaupt will retire from the Board. Timothy Fazio, Managing Partner and Co-Founder of Atlas Holdings , has been elected as Chairman of the Board.