Vulcan Q2 net loss $9.9M; announces $39.4M strategic investment to redeem notes

Greenidge Generation Holdings Inc.

Q2 revenue $3.4M, down $9.5M YoY; net loss $9.9M, up $5.8M YoY.
Adjusted EBITDA loss $6.7M vs $0.4M in Q2 2025; cash and digital assets $9.2M.
$39.4M strategic investment led by Machine Investment Group, Atlas Holdings, Conversant Capital; proceeds to redeem ~$33M 8.50% Senior Notes due Oct 2026.
Exchanged $3.6M of notes for $1.4M new 10% notes and 1,277,111 shares of Class A common stock.
H1 power/capacity revenue $20M, up 70% YoY; 104 MW energized capacity, 654 MW development pipeline.

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.