m_and_a
confidence high
sentiment neutral
materiality 0.55
Greenidge sells Mississippi mining facility for ~$3.9M to US Digital Mining
Greenidge Generation Holdings Inc.
- Sale of 6.4-acre parcel in Columbus, MS plus mining infrastructure, excluding bitcoin miners.
- Total consideration $3.9M; $195K earnest deposit refundable through due diligence.
- Closing expected on or before September 16, 2025, subject to buyer's due diligence and conditions.
- Proceeds to be used for general corporate purposes; adjoining 73,000 sq ft warehouse retained for potential sale.
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