Welcome to our dedicated page for Greenidge Genera news (Ticker: GREEL), a resource for investors and traders seeking the latest updates and insights on Greenidge Genera stock.
Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (Nasdaq: GREEL) generate news that is closely tied to the financing and capital structure decisions of Greenidge Generation Holdings Inc., a vertically integrated cryptocurrency datacenter and power generation company. Because GREEL represents exchange-listed senior unsecured debt, company announcements often focus on tender offers, exchange offers, and changes to note terms rather than traditional equity topics.
News for GREEL commonly covers the details and progress of concurrent cash tender and exchange offers, where holders of the 8.50% Senior Notes due 2026 can elect to exchange their Old Notes for new 10.00% Senior Notes due 2030 or tender their notes for cash, subject to an overall cash payment limit and early tender conditions. Press releases and related Form 8-K filings describe early tender results, aggregate principal amounts tendered, proration factors, and the issuance of New Notes under supplemental indentures.
Investors following GREEL can also expect updates on corporate transactions that may influence Greenidge’s financial position, such as asset purchase agreements for datacenter-related facilities and power rights, or the termination of sale agreements involving land and power projects. In addition, Greenidge periodically furnishes press releases on financial and operational results for fiscal quarters, which provide context for evaluating the company’s ability to service its debt obligations.
This news page helps readers monitor developments affecting the 8.50% Senior Notes due 2026, including recapitalization efforts, note redemptions or exchanges, and other material events reported under Form 8-K. Regular review of these items can assist noteholders and prospective investors in understanding how Greenidge manages its debt securities and related obligations.
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 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.