secwatch.observer — SEC 8-K summary
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Issuer:     Greenidge Generation Holdings Inc. (GREE)
CIK:        0001844971
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001628280-22-029854
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenidge Q3 revenue $29.4M, GAAP net loss $(23.1)M, adjusted EBITDA loss $(2.3)M
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- Produced 866 bitcoin in Q3 2022; 269 bitcoin in October 2022.
- Mining capacity of ~2.4 EH/s at Sept 30 (24,500 miners); 2.5 EH/s at Oct 31.
- Cash and crypto holdings of $39M at Sept 30, 2022.
- Power plant uptime 100% in Q3, 99.9% YTD; LTM Adj. EBITDA $28.4M.
- GAAP net loss $(23.1)M; Adjusted EBITDA loss $(2.3)M for the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844971/000162828022029854/0001628280-22-029854-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844971/000162828022029854/gree-20221114.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-029854

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer