Timothy Lowe
each of Timothy Lowe and Charles Zeynel notified the Company of his resignation as a member of the Board
Highest-materiality recent filing
Vulcan (VIP) publishes investor presentation on $39.4M PIPE, 654 MW AI/HPC pipeline
$39.4M investment from Machine Investment Group, Atlas Holdings, Conversant Capital to reposition Greenidge as Vulcan Infrastructure and Power.
Vulcan Q2 net loss $9.9M; announces $39.4M strategic investment to redeem notes
Q2 revenue $3.4M, down $9.5M YoY; net loss $9.9M, up $5.8M YoY.
Compensation Committee approved one-time RSU awards to CEO Jordan Kovler, President Dale Irwin, and CFO Christian Mulvihill.
Vulcan Infrastructure (GREE) raises $39.3M in PIPE; proceeds to redeem $33M senior notes
PIPE includes $15M from MIG (shares, $10M convertible note, warrant), $5M from Atlas, $5.95M from Conversant, $13.37M from insiders.
Greenidge Generation Q1 2026: Power revenue doubles to $18.7M, advances AI/HPC datacenter plans
Power and capacity revenue $18.7M, more than double Q1 2025; total revenue $20.8M, up $1.6M YoY.
Only $1.44M of $36.66M outstanding 8.50% Senior Notes (GREEL) tendered in exchange offer, a 3.9% participation rate.
Greenidge amends exchange offer terms; only $1.3M of $36.7M notes tendered
Revised consideration: $25 New Notes + 2 common shares per $25 Old Notes; no early tender premium.
Exchange offer for $36.7M outstanding 8.50% Senior Notes due 2026; new 10.00% Senior Notes due 2030.
Greenidge Q4 2025 revenue $11.5M; net income $1.9-$2.9M; secures NY Title V permit
Q4 revenue of $11.5M, down $3.7M from Q3; net income of $1.9-$2.9M, down from Q3's $12.0M.
Greenidge FY2025 net income $4.2-5.2M, debt cut to $39M, NYSDEC permit secured
FY2025 total revenue $58.8M (down $0.8M YoY); net income $4.2-5.2M vs FY2024 net loss (improvement of $24-25M).
Greenidge resumes Dresden facility Dec 9 after Nov 23 switchgear fire; no miner damage
Electrical switchgear failure and fire on Nov 23, 2025 at Dresden, NY facility.
Greenidge closes sale of SC property for $18M cash plus up to $18M earnout
Closed sale of 152-acre Spartanburg, SC property to Lightstone Group affiliate for $18M cash (subject to adjustment) and up to $18M earnout based on additional power capacity.
Greenidge sells 152-acre SC site and 60 MW power rights for up to $36M
Cash consideration of $18.0M at closing, plus up to $18.0M in success payments tied to additional energization before Dec 31, 2030.
Greenidge Dresden power plant fire causes outage; miners undamaged, ops resume in weeks
Electrical switchgear failure and fire on Nov 23, 2025 at Dresden, NY facility; automated de-energization followed.
Greenidge posts Q3 net income of $12M; reaches historic air permit deal with NYSDEC
Q3 total revenue $15.2M, net income $12.0M (vs Q2 net loss), adjusted EBITDA $1.7M.
Agreement with NYSDEC sets GHG emissions limits: Year 1-2: 475,683 CO2e tons, declining to 358,071 by Year 5.
Greenidge launches tender/exchange for 8.5% 2026 notes; offers 10% 2030 notes at 14.85 per 25 face
Offers to exchange Old Notes for New Notes at $14.85 principal amount of 10% Senior Notes due 2030 for each $25.00 principal amount of Old Notes.
Greenidge Generation tender/exchange offer results: ~87% of 2026 notes remain outstanding
Total outstanding 8.50% Senior Notes due 2026: $44,353,800; tendered for cash: $5,835,725 accepted.
Greenidge increases tender offer price to $10 per $25 note, extends deadline to Sept 29
Amends tender/exchange offer for 8.5% Senior Notes due 2026; removes early tender premium.
Greenidge launches tender/exchange for 8.50% Senior Notes due 2026; offers 10% notes or cash
Exchange offer: $11 principal of new 10.00% Senior Notes due 2030 per $25 of Old Notes (≈34% premium to Aug 26 close of $8.20).
Greenidge Generation announces termination of $12.1M South Carolina property sale with Data Journey
Data Journey LLC terminated the Purchase and Sale Agreement for 152 acres in Spartanburg, SC.
Greenidge posts Q2 rev $12.9M, debt cut 38%; appoints new director Charles Zeynel
Q2 2025: revenue $12.9M, net loss $4.1M, positive adjusted EBITDA of $0.4M.
Greenidge completes debt exchange: issues 10% Senior Notes due 2030 for outstanding 8.5% notes
Exchanged $11 principal of new 10% notes due 2030 for each $25 of old 8.5% notes due 2026.
Greenidge Q1 revenue $19.2M, net loss $5.6M; reduces debt 16.6%, adds Mississippi site
Q1 total revenue $19.2M; net loss $5.6M; adjusted EBITDA $1.0M; produced 112 BTC.
Exchanged $5,546,050 principal of 8.5% Notes due 2026 for $1,925,000 cash, a ~65% discount.
Greenidge receives Nasdaq deficiency notice for bid price below $1.00
Notice from Nasdaq on April 9, 2025: stock bid price below $1.00 for 30 consecutive days.
Greenidge reports Q4 2024 revenue $14.8M, net loss $3.3-4.3M; seeks 200MW acquisition
Q4 2024 total revenue $14.8M, up $2.4M from Q3; net loss from continuing ops $3.3-4.3M, improved from Q3.
Greenidge pays Atlas $1.37M in shares for letter-of-credit support; 8.5% quarterly interest
Atlas maintains $8.6M in LCs for Greenidge's environmental trust and pipeline obligations until April/May 2025.
Greenidge sells 152-acre SC property for $12.1M cash plus 8% profit stake in data center
Purchase price: $12.1M cash and an 8% profit participation interest in a planned data center.
Court annuls NY DEC's denial of Greenidge air permit; facility to continue operations
New York Supreme Court ruled DEC's permit denial was 'arbitrary and capricious' and annulled the shutdown order.
Greenidge Q3 revenue $12.4M, net loss $6.3M; SG&A reduced 41% YTD
Total revenue $12.4M; net loss from continuing ops $6.3M; EBITDA loss $1.2M; all at/above preliminary highs.
Greenidge Q3 prelim revenue $12.4M, net loss $6.6M; Nasdaq warns on MVPHS non-compliance
Q3 revenue $12.4M; net loss from continuing ops $6.6M; adjusted EBITDA loss $0.4M.
Greenidge produced ~55 Bitcoin in August 2024; hash rate 2.50 EH/s
Produced ~55 Bitcoin in August (17 from owned miners, 38 from hosting).
Greenidge files TRO to keep Dresden NY plant running during air permit challenge
Filed Article 78 petition on Aug 15 against NYSDEC over denial of Title V Air Permit renewal for Dresden facility.
Greenidge files lawsuit against NY DEC over denied air permit renewal for Dresden facility
Filed verified petition in NY Supreme Court, Yates County on Aug 15, 2024 against NYSDEC.
Greenidge Q2 revenue $13.1M, net loss $5.5M; adds 100 MW power capacity
Q2 net loss from continuing ops $5.5M; adjusted EBITDA loss $0.1M; revenue $13.1M.
Greenidge launches bitcoin retention strategy, secures $20M equity facility from B. Riley
New self-mined bitcoin retention strategy to accumulate bitcoin from ~8,000 owned miners; costs reduced on 122 MW power capacity.
each of Timothy Lowe and Charles Zeynel notified the Company of his resignation as a member of the Board
each of Timothy Lowe and Charles Zeynel notified the Company of his resignation as a member of the Board
On April 14, 2025, as part of a planned refreshment of the Board of Directors (the "Board") of Greenidge Generation Holdings Inc. (the "Company"), and not due to any disagreement with the Company on any matter relating to its operations, policies, or practices, Messrs. David Anderson and Daniel Rothaupt tendered their resignations as members of the Board.
On April 16, 2025, the Company announced the appointment of Messrs. Kenneth Hearn and Christopher Krug to fill the vacancies resulting from these resignations.
Additionally, the Board nominated Mr. Timothy Fazio to serve as Chairman of the Board.
On April 14, 2025, as part of a planned refreshment of the Board of Directors (the "Board") of Greenidge Generation Holdings Inc. (the "Company"), and not due to any disagreement with the Company on any matter relating to its operations, policies, or practices, Messrs. David Anderson and Daniel Rothaupt tendered their resignations as members of the Board.
On April 16, 2025, the Company announced the appointment of Messrs. Kenneth Hearn and Christopher Krug to fill the vacancies resulting from these resignations.
The Release Agreement provides for Mr. MacKenzie’s termination as the Company’s Chief Strategy Officer, effective April 26, 2024
Mr. Anderson will remain on the Board and will become Chairman of the Board replacing Timothy Fazio in that role.
Mr. Anderson will remain on the Board and will become Chairman of the Board replacing Timothy Fazio in that role.
On November 16 , 2023, Greenidge Generation Holdings Inc. (the “Company”) appointed one of its members of its Board of Directors (the “Board”), Jordan Kovler, as its new Chief Executive Officer ("CEO")
On October 11, 2023, in connection with a management restructuring, Greenidge Generation Holdings Inc. (the “Company”) appointed Christian Mulvihill as its new Chief Financial Officer (“CFO”), succeeding Robert Loughran, who no longer remains with the Company.
Max materiality 0.85 · Median 0.65 · Most common event other_material