secwatch.observer — SEC 8-K summary
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Issuer:     Greenidge Generation Holdings Inc. (GREE)
CIK:        0001844971
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0001628280-25-051858
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenidge posts Q3 net income of $12M; reaches historic air permit deal with NYSDEC
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- Q3 total revenue $15.2M, net income $12.0M (vs Q2 net loss), adjusted EBITDA $1.7M.
- Landmark agreement with NYSDEC for a new five-year Title V Air Permit for Dresden plant.
- Reduced senior unsecured debt due Oct 2026 by 47.2% to $38M; no current cash tender plans.
- Sold 7.5MW Mississippi facility for $3.9M; exploring sale/development of 60MW South Carolina site.
- No equity sales under ELOC in Q3; cash and bitcoin holdings increased by ~$3M from Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844971/000162828025051858/0001628280-25-051858-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844971/000162828025051858/gree-20251113.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-051858

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer