---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-019590"
form_type: "8-K"
ticker: "GREE"
cik: "0001844971"
company_name: "Greenidge Generation Holdings Inc."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:14:46.138754+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Greenidge reports preliminary Q1 net loss $3.1-4.1M, adj. EBITDA $2.1-3.1M, produces 409 BTC

## Summary
- Revenue ~$19.2M; net loss $3.1-4.1M; adjusted EBITDA $2.1-3.1M; loss per share $0.33-0.43.
- Self-mining rev. $7.1M, hosting rev. $9.1M, power/capacity rev. $3.0M.
- Produced 409 bitcoin (275 colocation, 134 self-mining); avg. BTC price $53,260.
- Ended Q1 with $14.3M cash, $69.0M debt; 29,400 miners / 3.0 EH/s capacity.
- Second consecutive quarter of positive cash flow; CEO cites real estate portfolio and SG&A reduction.

## SEC filing metadata
- accession: 0001628280-24-019590
- form_type: 8-K
- ticker: GREE
- cik: 0001844971
- company_name: Greenidge Generation Holdings Inc.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844971/000162828024019590/0001628280-24-019590-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844971/000162828024019590/gree-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-019590
- JSON: https://secwatch.observer/filing/0001628280-24-019590.json
- Plain text: https://secwatch.observer/filing/0001628280-24-019590.txt

## Key facts
- Earnings Releases
  Greenidge Generation Holdings Inc. reported the first quarter of 2024 results: revenue approximately $19.2 million, net income approximately $3.1 million to $4.1 million, EPS $0.33 to $0.43.
  - Period: the first quarter of 2024
  - Revenue: approximately $19.2 million
  - Net income: approximately $3.1 million to $4.1 million
  - EPS: $0.33 to $0.43
  - Result: preliminary results
  source text: Greenidge will be filing an updated investor presentation in conjunction with the event. Preliminary First Quarter 2024 Financial Results 1 : • Revenue of approximately $19.2 million; • Net loss from continuing operations of approximately $3.1 million to $4.1 million; • Adjusted EBITDA of approximately $2.1 to approximately $3.1 million; • Loss per share of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844971/000162828024019590/0001628280-24-019590-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.