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Greenidge Generation Holdings Inc   (GREE)
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Price: $2.6900 $-0.22 -7.560%
Day's High: $2.9999 Week Perf: -9.12 %
Day's Low: $ 2.65 30 Day Perf: 8.47 %
Volume (M): 252 52 Wk High: $ 9.26
Volume (M$): $ 677 52 Wk Avg: $4.12
Open: $2.86 52 Wk Low: $2.17



 Market Capitalization (Millions $) 26
 Shares Outstanding (Millions) 9
 Employees -
 Revenues (TTM) (Millions $) 75
 Net Income (TTM) (Millions $) -25
 Cash Flow (TTM) (Millions $) -3
 Capital Exp. (TTM) (Millions $) 0

Greenidge Generation Holdings Inc
Greenidge Generation Holdings Inc is a company that operates a natural gas-fired power plant and cryptocurrency mining operation in New York. The company uses the excess heat generated from its power plant to mine cryptocurrencies, primarily Bitcoin. By utilizing this innovative approach, Greenidge aims to maximize its operational efficiency and capitalize on the growth potential of the cryptocurrency market. Additionally, the company is committed to employing sustainable practices by purchasing carbon offset credits equal to its direct emissions, making it carbon-neutral. Overall, Greenidge Generation Holdings Inc seeks to leverage its energy production capabilities to generate income through both traditional power generation and cryptocurrency mining.


   Company Address: 590 Plant Road Dresden 14441 NY
   Company Phone Number: 536-2359   Stock Exchange / Ticker: NASDAQ GREE
   


   

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Business Update

Greenidge Generation Unveils Groundbreaking Bitcoin Mining Solution at the Bitcoin Conference

Published Wed, Jul 24 2024 1:47 PM UTC

Greenidge Generation Holdings Inc. (NASDAQ: GREE), a prominent vertically integrated cryptocurrency datacenter and power generation company, has made an exciting announcement regarding the unveiling of its innovative Greenidge Pod X. The new solution will be showcased for the first time in Booth 937 at the Bitcoin Conference, taking place at the Music City Center in Nashvil...

Business Update

Greenidge Generation Holdings Inc. Powers Ahead with Mississippi Expansion, Enhancing Bitcoin Mining Capabilities...

Published Thu, Jul 11 2024 2:56 PM UTC

Greenidge Expands Bitcoin Mining Operations with Launch of Mississippi Site and Deployment of 2,400 MinersDRESDEN, N.Y. - Greenidge Generation Holdings Inc., a leading cryptocurrency datacenter and power generation company, has announced the expansion of its bitcoin mining capabilities with the launch of a new site in Mississippi. The site went live on July 1, 2024, and is e...

Greenidge Generation Holdings Inc

Greenidge Generation Holdings Inc. Sets New Standards with Exceptional First Quarter Performance

In the world of finance, the stock market is always buzzing with excitement and opportunities. And today, we have some exciting news to share about one company that is making waves in the Miscellaneous Financial Services sector.
Greenidge Generation Holdings Inc. has recently announced some impressive numbers in their first quarter 2024 financial report. With a surge in revenue of 27.552%, reaching an impressive $19.33 million, Greenidge is clearly outpacing its peers in the sector. While the rest of the sector reported a 14.32% improvement in revenue during the same period, Greenidge's growth is truly exceptional.
But it's not just the revenue growth that is capturing attention. Greenidge also revealed an increase in deficit per share at $-0.42 per share. However, the company's reported additional modernizations and expansions in primary areas, which may have a bullish influence on its long-term prospects.

Product Service News

Greenidge Generation Holdings Inc. (NASDAQ: GREE) has made significant strides in expanding its power capacity, adding 40 MW of cost-effective power through strategic property expansions in Mississippi and North Dakota. The vertically integrated cryptocurrency datacenter and power generation company has recently purchased 12 acres of land in Mississippi, boasting a mining capacity of 32.5 MW. Fu...

Published Mon, Mar 11 2024 1:00 PM UTC

Greenidge Generation Holdings Expands Power Capacity, Ushering in a New Era of Low-Cost Crypto Mining and Sustainable Energy SolutionsGreenidge Generation Holdings Inc. (NASDAQ: GREE) has made significant strides in expanding its power capacity, adding 40 MW of cost-effective power through strategic property expansions in Mississippi and North Dakota. The vertically integrat...

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Greenidge Generation Receives $6 Million Investment from Armistice Capital to Fuel Business Transformation and Expansion

Published Mon, Feb 12 2024 1:00 PM UTC

Greenidge Generation Secures $6 Million Investment from Armistice Capital to Accelerate Business Transformation and ExpansionDRESDEN, N.Y. - Greenidge Generation Holdings Inc. (NASDAQ: GREE), a pioneering cryptocurrency datacenter and electricity generation company, has announced a promising corporate milestone. The company recently finalized a securities purchase agreement ...






 

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Greenidge Generation Holdings Inc does not provide revenue guidance.

Earnings Outlook
Greenidge Generation Holdings Inc does not provide earnings estimates.

 
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