Greenidge Q1 revenue $19.2M, net loss $5.6M; reduces debt 16.6%, adds Mississippi site

Greenidge Generation Holdings Inc.

2025-Q1 EPS reported -$0.40 vs consensus -$0.42 ▲ beat (+4.4%)

Q1 total revenue $19.2M; net loss $5.6M; adjusted EBITDA $1.0M; produced 112 BTC.
Reduced debt to $60.2M via private exchanges (16.6% reduction from $72.2M).
Appointed Kenneth Fearn and Christopher Krug as independent directors.
Entered agreement to purchase 37-acre Mississippi site with 40MW low-cost power by July 2026.
Ended Q1 with $4.9M cash, $8.4M Bitcoin; active mining capacity 119MW, targeting 161.5MW.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.