Greenidge Generation Holdings Inc.
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- Greenidge Generation Holdings Inc. operates as a vertically integrated cryptocurrency datacenter and power generation company. It primarily focuses on bitcoin mining, power generation, infrastructure development, engineering, procurement, construction management, and operations and maintenance of its facilities. Its core products and services include bitcoin mining through a fleet of advanced miners such as models S21 Pro and S19XP; natural gas power generation primarily at its 106-megawatt facility in Torrey, New York; and the deployment of cryptocurrency mining infrastructure solutions, including the patented Greenidge Pod X portable crypto mining pod capable of housing 792 miners. The company also offers hosting services for mining operations and plans expansions into AI and high-performance computing (HPC) data centers across North America. Greenidge operates mainly in the United States with facilities in New York, Mississippi, North Dakota, and South Carolina, with strategic growth plans into Texas and other locations. Founded in 2014 and headquartered in Fairfield, Connecticut, the company owns several key assets including a power generation and bitcoin mining facility in New York and industrial property in Mississippi with an additional 32.5 MW power capacity. It leverages access to low-cost natural gas as a competitive advantage and is committed to carbon-neutral bitcoin mining by using low-carbon energy sources and carbon offsetting. Recent major developments include the launch of the Greenidge Pod X in mid-2024, a state-of-the-art crypto mining infrastructure solution designed to enhance operational uptime and efficiency, deployed at multiple sites. The company expanded mining capacity by adding 15 MW of new mining capabilities across Mississippi and North Dakota sites, increasing total planned mining capacity to approximately 146.5 MW by the end of 2025. In 2024, Greenidge acquired 12 acres in Columbus, Mississippi, with warehouse space to support this expansion. The company raised $6 million in growth capital from Armistice Capital to fund ongoing expansions into low-cost power and AI infrastructure. Additionally, Greenidge is engaged in strategic efforts to optimize its capital structure, including senior notes exchanges, and continues to explore large-scale power acquisitions to support long-term growth. The company also experienced the termination of a land sale agreement for a South Carolina property in 2025 but retains efforts to maximize shareholder value through property and power rights management. Greenidge Generation focuses on providing cryptocurrency mining solutions supported by integrated power generation, targeting institutional investors, data center operators, and technology applications related to blockchain, AI, and HPC markets in the expanding North American data infrastructure sector. The company operates with an emphasis on sustainability and efficiency to maintain competitiveness in the growing market for digital assets and data infrastructure.
Greenidge Generation Reports First Quarter 2026 Results and Advances AI/HPC Infrastructure Expansion
Sparta Commercial Services (OTCMKTS:SRCO) vs. Greenidge Generation (NASDAQ:GREE) Head-To-Head Review
Greenidge Generation Announces Expiration and Final Results of Exchange Offer for Senior Notes Due 2026
Greenidge Generation Announces Amendments to and Preliminary Results of Exchange Offer
Greenidge Generation Announces Commencement of Exchange Offer for Senior Notes Due 2026
Greenidge Generation Reports Preliminary Financial and Operating Results for the Fourth Quarter and Full Year 2025
Greenidge Generation (NASDAQ:GREE) Shares Down 2.6% – Should You Sell?
Greenidge Generation Closes Sale of South Carolina Property for $18 Million in Cash and Up to $18 Million in Additional Earnout Payments
Greenidge Generation Highlights Historic Agreement with State of New York on New Air Permit and Reports Strong Financial and Operating Results for Third Quarter 2025
Greenidge, New York State Agree on Historic New Air Permit That Will Support Local Power Grid; Includes Required Emissions Reductions That Exceed State's Climate Act Goals
Greenidge Generation Announces Expiration and Final Results of Tender/Exchange Offer for Senior Notes Due 2026
Greenidge Generation Announces Early Results for Cash Tender Offer and Exchange Offer for Senior Notes Due 2026
Greenidge Generation Announces Commencement of Cash Tender Offer and Exchange Offer for Senior Notes Due 2026
Greenidge Generation Announces Expiration and Finals Results of Tender/Exchange Offer for Senior Notes Due 2026
Greenidge Generation Closes Sale of its Mississippi Bitcoin Mining Facility
Greenidge Generation Announces Increase in Cash Tender Offer Price for Senior Notes Due 2026 and Extension of Tender/Exchange Offer
Greenidge Generation Announces Termination of Agreement to Sell South Carolina Property
Greenidge Generation Highlights Recent Business Advancements and Reports Financial and Operating Results for the Second Quarter 2025
Greenidge Generation Announces Expiration and Final Results of Tender/Exchange Offer for Senior Notes Due 2026
Greenidge Generation Announces Expiration and Finals Results of Tender/Exchange Offer for Senior Notes Due 2026