-
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.
-
Greenidge exchange offer for 8.50% senior notes draws only 3.9% participation; new notes denied OTC listing
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.
-
Greenidge launches exchange offer for 8.5% notes due 2026; offers new 10% notes plus 2 shares early 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.
-
Greenidge settles NY air permit dispute; gets 5-year renewal with GHG limits that cut emissions 44% by 2030
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.
-
Greenidge exchanges $5.5M of 8.5% notes for $1.925M cash; cumulative 16.6% of original $72.2M notes exchanged
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.
-
Greenidge enters up to $20M equity line with B. Riley; shares at 3% discount to VWAP
Agreement with B. Riley Principal Capital II allows Greenidge to sell up to $20M of newly issued common stock at its discretion.
-
Greenidge unveils proprietary Pod X bitcoin mining solution at Bitcoin Conference
Greenidge will unveil Pod X at Bitcoin Conference in Nashville, July 25-27, 2024, Booth 937.
-
Greenidge launches Mississippi bitcoin mining site with 2,400 miners, introduces Pod X infrastructure
Mississippi site went live July 1 with 2,400 deployed miners; plans to expand power access to at least 25 MW in 12 months.