secwatch.observer — SEC 8-K summary
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Issuer:     Greenidge Generation Holdings Inc. (GREE)
CIK:        0001844971
Form:       8-K
Filed at:   2026-05-18T12:06:07+00:00
Accession:  0001628280-26-035808
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenidge Generation Q1 2026: Power revenue doubles to $18.7M, advances AI/HPC datacenter plans
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- Power and capacity revenue $18.7M, more than double Q1 2025; total revenue $20.8M, up $1.6M YoY.
- Net loss improved to $4.6M from $5.6M; adj. EBITDA loss $1.0M vs. $2.9M YoY.
- Received proposed NYSEG interconnection agreement for 60MW at Dresden to advance AI/HPC datacenter.
- Submitted 250MW load study request at Mississippi site; 40MW energization expected Q1 2027.
- Ended Q1 with $7.1M cash, $6.7M in Bitcoin, $38.9M senior debt; sold non-core asset for $1.08M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844971/000162828026035808/0001628280-26-035808-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844971/000162828026035808/gree-20260518.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-035808

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