Greenidge sells 152-acre SC property for $12.1M cash plus 8% profit stake in data center

Greenidge Generation Holdings Inc.

Purchase price: $12.1M cash and an 8% profit participation interest in a planned data center.
Property bought in 2021 for $15M; prior partial sale of 23 acres and 44MW facility to NYDIG for ~$28M in 2023.
Expected closing in Q1 2025; buyer has 45-day due diligence period and $250,000 deposit.
Site has 60 MW power secured; Greenidge will support development and may partner on future sites.

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