Articles from Greenidge Generation Holdings Inc.
Greenidge Generation Announces Sale of South Carolina Property to Data Journey for $12.1 Million and 8% Stake in Planned Data Center’s Profits
Greenidge Generation Holdings Inc. (Nasdaq: GREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency data center and power generation company, today announced that it has entered into a definitive agreement to sell its 152-acre Spartanburg, South Carolina property (the “Spartanburg property”) to Data Journey LLC (“Data Journey”) for $12.1 million in cash and an 8% profit participation interest in the property’s planned data center.
By Greenidge Generation Holdings Inc. · Via Business Wire · December 4, 2024
New York Supreme Court Rules for Greenidge Generation
Greenidge Generation Holdings Inc. (NASDAQGREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, issued the following information and statement regarding the ruling today from New York Supreme Court Judge Vincent Dinolfo rejecting the New York State Department of Environmental Conservation’s (“DEC”) action to deny Greenidge’s application for renewal of a Title V Air Permit. Greenidge’s operations at its New York facility will now continue uninterrupted.
By Greenidge Generation Holdings Inc. · Via Business Wire · November 14, 2024
Greenidge Generation Reports Financial and Operating Results for the Third Quarter 2024
Greenidge Generation Holdings Inc. (Nasdaq: GREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, today announced financial and operating results for the third quarter of 2024.
By Greenidge Generation Holdings Inc. · Via Business Wire · November 7, 2024
Greenidge Announces Preliminary Financial and Operating Results for the Third Quarter 2024
Greenidge Generation Holdings Inc. (NASDAQGREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, today announced preliminary financial and operating results for the third quarter of 2024, including notable updates on the Company’s ongoing SG&A expense reduction efforts as well as its continued upgrades to its fleet of bitcoin miners.
By Greenidge Generation Holdings Inc. · Via Business Wire · October 14, 2024
Greenidge Provides Bitcoin Production Update and Release of Investor Presentation
Greenidge Generation Holdings Inc. (NASDAQGREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today provided a bitcoin production update for August of 2024. The Company also highlighted CEO Jordan Kovler’s presentation at the H.C. Wainwright Annual Global Investment Conference, taking place today, September 9, 2024, at 10:30AM ET. Greenidge will be filing an updated investor presentation in conjunction with the event.
By Greenidge Generation Holdings Inc. · Via Business Wire · September 9, 2024
Greenidge Generation Reports Financial and Operating Results for the Second Quarter 2024
Greenidge Generation Holdings Inc. (NASDAQGREE) (“Greenidge”) or (the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, announced financial and operating results for the second quarter 2024 and provided an update on the actions the Company has taken to continue the transformation of the business.
By Greenidge Generation Holdings Inc. · Via Business Wire · August 14, 2024
Greenidge Provides Bitcoin Production Update
Greenidge Generation Holdings Inc. (NASDAQGREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today provided a bitcoin production update for the second quarter and July of 2024.
By Greenidge Generation Holdings Inc. · Via Business Wire · August 1, 2024
Greenidge Announces Launch of New Self-Mined Bitcoin Retention Strategy to Drive Growth
Greenidge Generation Holdings Inc. (NASDAQGREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today announced that it recently implemented a new self-mined bitcoin retention strategy that enables it to accumulate bitcoin from its owned miners in order to increase its bitcoin holdings and further drive the Company’s growth. The new strategy follows recent progress Greenidge has made reducing its costs while positioning each of its business lines for sustained growth.
By Greenidge Generation Holdings Inc. · Via Business Wire · August 1, 2024
Greenidge to Unveil Pod X Bitcoin Mining Solution at the Bitcoin Conference
Greenidge Generation Holdings Inc. (NASDAQGREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today announced it will be unveiling its Greenidge Pod X for the first time publicly at the Bitcoin Conference. A model of the Greenidge Pod X will be on display in Booth 937 of the conference’s Exhibit Hall at the Music City Center in Nashville, TN, on July 25-27, 2024.
By Greenidge Generation Holdings Inc. · Via Business Wire · July 24, 2024
Greenidge Expands Bitcoin Mining Capabilities with Launch of Mississippi Site and Deployment of 2,400 Miners
Greenidge Generation Holdings Inc. (NASDAQGREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today announced that it has expanded its bitcoin mining capabilities with the launch of its newest bitcoin mining site located in Mississippi. The site went live on July 1, 2024 with 2,400 bitcoin miners that Greenidge deployed from its fleet. In the coming weeks, Greenidge also expects to deploy its first shipment of Antminer S21 Pro bitcoin miners across its active sites to further increase its mining capacity.
By Greenidge Generation Holdings Inc. · Via Business Wire · July 11, 2024
Greenidge Generation Announces Preliminary Financial and Operating Results for the First Quarter 2024 and Release of Investor Presentation
Greenidge Generation Holdings Inc. (NASDAQGREE) (“Greenidge”), a vertically integrated cryptocurrency datacenter and power generation company, today announced preliminary financial and operating results for the first quarter of 2024. The Company also highlighted CEO Jordan Kovler’s presentation at the Planet MicroCap Showcase: Vegas 2024 taking place today, May 1, 2024, at 4:00 pm PST, which may be attended and accessed live along with the accompanying presentation materials by visiting https://www.webcaster4.com/Webcast/Page/3026/50312. Greenidge will be filing an updated investor presentation in conjunction with the event.
By Greenidge Generation Holdings Inc. · Via Business Wire · May 1, 2024
Greenidge Generation Reports Financial and Operating Results for the Fourth Quarter and Full Year 2023
Greenidge Generation Holdings Inc. (NASDAQGREE) (“Greenidge”), a vertically integrated cryptocurrency datacenter and power generation company, announced financial and operating results for the fourth quarter and fiscal year ended December 31, 2023 and provided an update on the actions the Company has taken to continue the transformation of the business.
By Greenidge Generation Holdings Inc. · Via Business Wire · April 10, 2024
Greenidge Announces Continued Expansion of Power Capacity; Company Has Secured Access To 60 MW of Low-Cost Power in South Carolina
Greenidge Generation Holdings Inc. (NASDAQGREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today announced that it continues to expand its U.S. footprint capacity and has secured access to 60 MW of low-cost power in South Carolina. This follows the Company’s recently announced acquisition of 32.5 MW of mining capacity in Mississippi and 7.5 MW of mining capacity in North Dakota, bringing the total new power capacity added this past month to approximately 100 MW.
By Greenidge Generation Holdings Inc. · Via Business Wire · April 4, 2024
Greenidge Generation Announces Fourth Quarter Results Will Meet or Exceed Preliminary Results
Greenidge Generation Holdings Inc. (NASDAQGREE) (“Greenidge”), a vertically integrated cryptocurrency datacenter and power generation company, today announced that its financial results for the fourth quarter of 2023 will meet or exceed the preliminary results that Greenidge previously announced on February 1, 2024.
By Greenidge Generation Holdings Inc. · Via Business Wire · March 27, 2024
Greenidge Announces Expansion of Power Capacity with 40 MW of Low-Cost Power in Key Territories
Greenidge Generation Holdings Inc. (NASDAQGREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today announced that it has expanded its U.S. footprint with access to 40 MW of low-cost power through property expansions in Mississippi and North Dakota.
By Greenidge Generation Holdings Inc. · Via Business Wire · March 11, 2024
Greenidge Generation Announces $6 Million Investment to Support Ongoing Business Transformation
Greenidge Generation Holdings Inc. (NASDAQGREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today announced that it has entered into a securities purchase agreement with Armistice Capital that includes an initial investment of $6 million.
By Greenidge Generation Holdings Inc. · Via Business Wire · February 12, 2024
Greenidge Generation Announces Favorable Preliminary Financial and Operating Results for the Fourth Quarter 2023
Greenidge Generation Holdings Inc. (NASDAQGREE) (“Greenidge”), a vertically integrated cryptocurrency datacenter and power generation company, today announced favorable preliminary financial and operating results for the fourth quarter of 2023.
By Greenidge Generation Holdings Inc. · Via Business Wire · February 1, 2024
Greenidge Generation Holdings and Infinite Reality Announce New Partnership and Equity Swap
Greenidge Generation Holdings Inc. (NASDAQGREE) (“Greenidge” or the “Company”), a vertically-integrated cryptocurrency datacenter and power generation company, today announced that it has entered into a partnership and share exchange with Infinite Reality, Inc. (“iR”), the global leader powering virtual immersive experiences serving clients such as Warner Bros. Discovery, Inc., Vodafone Group plc and Universal Music Group N.V. With this transformative partnership, Greenidge is also announcing the launch of its new service offering, GreenidgeAI.
By Greenidge Generation Holdings Inc. · Via Business Wire · December 12, 2023
Greenidge Announces Leadership Transition
Greenidge Generation Holdings Inc. (NASDAQGREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, today announced that Jordan Kovler has been appointed to replace David Anderson as Greenidge’s Chief Executive Officer. Mr. Anderson will remain on the Company’s Board of Directors (the “Board”) and will become Chairman of the Board, replacing Timothy Fazio in that role, who will remain on the Company’s Board as a director. All of the executive transitions, which have been approved by the Board, are effective as of November 16, 2023.
By Greenidge Generation Holdings Inc. · Via Business Wire · November 16, 2023