---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-049859"
form_type: "8-K"
ticker: "GREE"
cik: "0001844971"
company_name: "Greenidge Generation Holdings Inc."
filed_at: "2024-12-04T23:59:59+00:00"
generated_at: "2026-05-29T08:53:43.746151+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-24-049859
- form_type: 8-K
- ticker: GREE
- cik: 0001844971
- company_name: Greenidge Generation Holdings Inc.
- filed_at: 2024-12-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844971/000162828024049859/0001628280-24-049859-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844971/000162828024049859/gree-20241127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-049859
- JSON: https://secwatch.observer/filing/0001628280-24-049859.json
- Plain text: https://secwatch.observer/filing/0001628280-24-049859.txt

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