Improvement on All Operational Metrics from Q3 2024 Reduced SG&A Expenses by $8.9 million in 2024 Seeking to Acquire Over 200MW of Energy Assets and Significantly Reduce Debt in 2025 to Implement Growth Strategies Greenidge Generation Holdings Inc. (NASDAQ:GREE) ("Greenidge" or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, announced financial and operating results for the fourth quarter and fiscal year ended December 31, 2024 and provided an update on the Company's growth prospects. Fourth Quarter 2024 Preliminary Financial Results: Total revenue of $14.8 million, an improvement of $2.4 million from Q3 2024; Net loss from continuing

HOUSTON, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Data Journey LLC, a leading woman and minority-owned data center provider, is proud to announce the acquisition of its third property, the Spartanburg site, from Greenidge Generation Holdings Inc. (NASDAQ:GREE) for $12.1 million. The purchase is a significant milestone for Data Journey as it marks their entry into the South Carolina market and supports the company's aggressive growth trajectory. Under the leadership of CEO and Founder Dr. Ishnella Kaur Azad, Data Journey is focused on building a more inclusive, sustainable, and scalable future for the data center industry. As the first woman and minority-owned company in this sector, Data Jou

Marks Greenidge's First Large-Scale Entry into the Data Center Space as the Company Will Continue Working with Data Journey in Development of Site Highlights Greenidge and Data Journey's Intention To Partner on Additional Future Sites 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. Gre

Stifel initiated coverage of Greenidge Generation with a rating of Hold and set a new price target of $10.00

B. Riley Securities initiated coverage of Greenidge Generation with a rating of Buy and set a new price target of $78.00

4 - Greenidge Generation Holdings Inc. (0001844971) (Issuer)

4 - Greenidge Generation Holdings Inc. (0001844971) (Issuer)

4 - Greenidge Generation Holdings Inc. (0001844971) (Issuer)

4 - Greenidge Generation Holdings Inc. (0001844971) (Issuer)

4 - Greenidge Generation Holdings Inc. (0001844971) (Issuer)

4 - Greenidge Generation Holdings Inc. (0001844971) (Issuer)

10-K - Greenidge Generation Holdings Inc. (0001844971) (Filer)

8-K - Greenidge Generation Holdings Inc. (0001844971) (Filer)

S-8 - Greenidge Generation Holdings Inc. (0001844971) (Filer)

Jordan Kovler Appointed Chief Executive Officer David Anderson to Transition to Chairman of the Board of Directors Greenidge Generation Holdings Inc. (NASDAQ:GREE) ("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

FAIRFIELD, Conn., March 27, 2023 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ:GREE) ("Greenidge"), a vertically integrated cryptocurrency datacenter and power generation company, has appointed Jordan Kovler, a seasoned leader in investor relations and corporate governance with two decades of leadership at advisory firms, to its Board of Directors, effective March 22, 2023. Throughout his career, Mr. Kovler has designed and implemented solutions to special corporate situations, consulting on contested board elections, mergers and acquisitions, investor relations, and corporate governance and communications practices. In 2016, he co-founded a consulting and proxy solicitation fir

Leadership Transition Jeffrey Kirt to resign from his roles as CEO and Director, effective October 7, 2022David Anderson appointed as CEO and Director, effective October 8, 2022Scott MacKenzie appointed as Chief Strategy Officer, effective October 8, 2022Third Quarter 2022 Highlights Expects Revenue of approximately $29 million for the third quarter of 2022Expects GAAP net loss in a range of approximately $(22) million to $(20) million for the quarterExpects Adjusted EBITDA of approximately $(3) million to approximately $(1) million for the quarterExpects LTM Adjusted EBITDA of $28 million to $30 millionProduced approximately 866 bitcoin during the third quarter, of which approximately 278 w

HOUSTON, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Data Journey LLC, a leading woman and minority-owned data center provider, is proud to announce the acquisition of its third property, the Spartanburg site, from Greenidge Generation Holdings Inc. (NASDAQ:GREE) for $12.1 million. The purchase is a significant milestone for Data Journey as it marks their entry into the South Carolina market and supports the company's aggressive growth trajectory. Under the leadership of CEO and Founder Dr. Ishnella Kaur Azad, Data Journey is focused on building a more inclusive, sustainable, and scalable future for the data center industry. As the first woman and minority-owned company in this sector, Data Jou

Results Include Q4 Net Income of $2.7 million, Adjusted EBITDA of $3.6 million and Earnings Per Share of $0.36 Ongoing Transformation and Growth of Business Continues with Recent Expansion Greenidge Generation Holdings Inc. (NASDAQ:GREE) ("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. Fourth Quarter 2023 Financial Results: Total revenue of $19.6 million; Net income from continuing operations of $2.7 million, above guidance

Company Reschedules Fourth Quarter and Full-Year 2023 Earnings Release and Conference Call Greenidge Generation Holdings Inc. (NASDAQ:GREE) ("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. Greenidge also announced that it has postponed the release of its financial results and conference call for the fourth quarter and full-year 2023, which were previously scheduled for March 27, 2024, to April 9, 2024. Greenidge requires additional time to complete its annual audit proc

SC 13D - Greenidge Generation Holdings Inc. (0001844971) (Subject)

SC 13G - Greenidge Generation Holdings Inc. (0001844971) (Subject)