Greenidge Generation Holdings

Support.com Inc is engaged in the provision of cloud-based software and services, which enables technology support for a connected world. The company offers turnkey, outsourced support services for service providers, retailers, internet of things solution providers, and technology companies. The firm's technology support services programs are designed for both the consumer and small and medium business markets and include computer and mobile device set-up, security and support, virus and malware removal, wireless network set-up, and home security and automation system support. Geographically, the company has a presence across the region of the US, Philippines and India.

Support.com

Greenidge Generation Holdings, Inc. owns and operates a vertically integrated Bitcoin mining and power generation facility. It engages in the mining of Bitcoin and contributes to the security and transactability of the Bitcoin ecosystem while concurrently meeting the power needs of homes and businesses. The company was founded in 2014 and is headquartered Dresden, NY.

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DRESDEN, N.Y.--(BUSINESS WIRE)--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. Third Quarter 2024 Financial Results: Total revenue of $12.4 million; Net loss from continuing operations of $6.3 million; EBITDA loss of $1.2 million; Adjusted EBITDA loss of $0.1 million; Cryptocurrency mining revenue of $3.

Greenidge Generation Reports Financial and Operating Results for the Third Quarter 2024

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“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. Preliminary Third Quarter 2024 Financial Results1: Revenue of.

Greenidge Announces Preliminary Financial and Operating Results for the Third Quarter 2024

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“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 conju.

Greenidge Provides Bitcoin Production Update and Release of Investor Presentation

DRESDEN, N.Y.--(BUSINESS WIRE)--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 second quarter 2024 and provided an update on the actions the Company has taken to continue the transformation of the business. Second Quarter 2024 Financial Results: Total revenue of $13.1 million; Net loss from continuing operations of $5.5 million; E.

Greenidge Generation Reports Financial and Operating Results for the Second Quarter 2024

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“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. April 2024: Greenidge produced approximately 120 bitcoin in April, of which 44 bitcoin were produced by Greenidge-owned miners and 76 were produced through our datacenter hosting. Greenidge's hash rate in April was approx.

Greenidge Provides Bitcoin Production Update

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“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 c.

Greenidge Announces Launch of New Self-Mined Bitcoin Retention Strategy to Drive Growth

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“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. Launched in June 2024, the Greeni.

Greenidge to Unveil Pod X Bitcoin Mining Solution at the Bitcoin Conference

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“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 fir.

Greenidge Expands Bitcoin Mining Capabilities with Launch of Mississippi Site and Deployment of 2,400 Miners

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“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 presenta.

Greenidge Generation Announces Preliminary Financial and Operating Results for the First Quarter 2024 and Release of Investor Presentation

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DRESDEN, N.Y.--(BUSINESS WIRE)--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.

Greenidge Generation Reports Financial and Operating Results for the Fourth Quarter and Full Year 2023

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“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 t.

Greenidge Announces Continued Expansion of Power Capacity; Company Has Secured Access To 60 MW of Low-Cost Power in South Carolina

DRESDEN, N.Y.--(BUSINESS WIRE)--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,.

Greenidge Generation Announces Fourth Quarter Results Will Meet or Exceed Preliminary Results

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“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. Greenidge purchased 12 acres with 32.5 MW of mining capacity in Mississippi and is in the process of deploying 7 MW of miners in Q2. By April 1, the.

Greenidge Announces Expansion of Power Capacity with 40 MW of Low-Cost Power in Key Territories

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DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“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. The investment from Armistice Capital will provide Greenidge with long-term capital to support the Company's growth strategy and is expected to fund its expan.

Greenidge Generation Announces $6 Million Investment to Support Ongoing Business Transformation

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge”), a vertically integrated cryptocurrency datacenter and power generation company, today announced favorable preliminary financial and operating results for the fourth quarter of 2023. Preliminary Fourth Quarter 2023 Financial Results1: Revenue of approximately $19.7 million; Net income from continuing operations of approximately $1.4 million to $2.4 million; Adjusted EBITDA of approximately $1.6 to ap.

Greenidge Generation Announces Favorable Preliminary Financial and Operating Results for the Fourth Quarter 2023

NORWALK, Conn.--(BUSINESS WIRE)--Infinite Reality, Global Leader Powering AI-Virtual Immersive Experiences Announces Strategic Partnership with Greenidge Generation Holdings.

Infinite Reality, Global Leader Powering AI-Virtual Immersive Experiences Announces Strategic Partnership with Greenidge Generation Holdings (Nasdaq: GREE)

FAIRFIELD, Conn.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“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 partne.

Greenidge Generation Holdings and Infinite Reality Announce New Partnership and Equity Swap

FAIRFIELD, Conn.--(BUSINESS WIRE)--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.

Greenidge Announces Leadership Transition

Eliminates Remaining $21.8 Million of Secured Debt by Selling South Carolina Mining Site to NYDIG Will Receive Cash Consideration of Approximately $6.2 Million in Connection with Transaction Greenidge has Reduced its Debt by a Total of $85.3 Million in 2023 FAIRFIELD, Conn. , Nov. 15, 2023 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge" or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, announced today that it had completed its previously announced sale and deleveraging transaction with NYDIG.

Greenidge Substantially Improves Liquidity Profile Following Sale and Deleveraging Transaction

Third Quarter 2023 Highlights Total revenue was $20.9 million Cryptocurrency datacenter hosting revenue was $12.1 million, and Cryptocurrency datacenter self-mining revenue was $6.6 million GAAP net loss from continuing operations was $13.2 million Break-even Adjusted EBITDA from continuing operations 235 bitcoins were produced from self-mining Operated active mining capacity of approximately 4.6 EH/s from 42,300 miners as of September 30, 2023 Cash of $10.7 million as of September 30, 2023 Adjusted EBITDA from continuing operations is a non-GAAP measure. See the table attached to this press release for a reconciliation from GAAP to non-GAAP measures and "Use of Non-GAAP Information" below for more details.

Greenidge Generation Reports Third Quarter 2023

FAIRFIELD, Conn. , Oct. 25, 2023 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge"), a vertically integrated cryptocurrency datacenter and power generation company, today announced selected preliminary financial and operating results for the third quarter of 2023.

Greenidge Generation Announces Selected Preliminary Financial and Operating Results for the Third Quarter 2023

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Despite Bitcoin ( BTC-USD ) losing its long-term support of $29,000, investors shouldn't discount the value of blockchain stocks in the short term. If one is bullish on the future of digital currencies and the underlying technology, then technical weaknesses like this might be meaningless in the long run.

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