GENH Stock Price, News & Analysis

Evergreen Sustainable Enterprises, Inc. (GENH), based in Dallas/Fort Worth, is a sustainable asset company operating primarily in the Bitcoin mining and hemp industries. The company has recently commenced mining operations for 240 new Bitmain S19J Pro+ ASIC miners, powered by a hydroelectric dam located near San Jose, Costa Rica. This facility provides fully sustainable, green energy at a cost of approximately $0.02 per kWh, making it highly cost-efficient.

With a hash rate of 122TH/s and a power efficiency of 27.5 J/TH, the company’s miners are among the most powerful and energy-efficient models available today. Financial projections indicate that the company can break even with a Bitcoin market price as low as $10,145, while recent market prices have hovered around $30,000, creating a substantial profit margin.

In addition to its Bitcoin mining operations, Evergreen Sustainable Enterprises is also involved in the hemp industry. The company utilizes proprietary technology to dry, clean, process, and store hemp in western Kentucky and Denver, Colorado. Furthermore, the company owns and leases real estate for seed storage facilities within the greater Denver area.

Recent achievements include collaborative efforts with their Costa Rican partner to perform comprehensive maintenance and refurbishment of their hydroelectric dam, generators, internet, and operating facilities. Future development plans involve expanding Bitcoin mining operations to Arkansas, Kentucky, and additional locations in Costa Rica.

Evergreen Sustainable Enterprises continues to seek low-cost power opportunities both in Costa Rica and within certain states in the USA where stranded power assets exist. This focus on sustainable energy sources aligns with the company’s commitment to green energy solutions.

For more information, contact Melissa M. Pagen at (310) 628-2062 or via email at mpagen@egsustainable.com.