Greenidge Generation Holdings Inc. (GREE)

NASDAQ: GREE · Real-Time Price · USD
1.080
-0.030 (-2.70%)
Feb 21, 2025, 4:00 PM EST - Market closed
-2.70%
Market Cap 12.35M
Revenue (ttm) 64.38M
Net Income (ttm) -12.94M
Shares Out 11.44M
EPS (ttm) -1.37
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 113,666
Open 1.130
Previous Close 1.110
Day's Range 1.062 - 1.160
52-Week Range 1.000 - 4.520
Beta 3.22
Analysts Strong Buy
Price Target 4.00 (+270.37%)
Earnings Date Mar 26, 2025

About GREE

Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenter in New York, as well as hosts, powers, and provides technical support and other related services to bitcoin mining equipment owned by customers. It also owns and operates a 106 MW nameplate capacity power generation facility. The company was founded in 1937 and is based in Fairfield, Connecticut. [Read more]

Industry Capital Markets
Sector Financials
Founded 1937
Employees 40
Stock Exchange NASDAQ
Ticker Symbol GREE
Full Company Profile

Financial Performance

In 2023, GREE's revenue was $70.39 million, a decrease of -21.77% compared to the previous year's $89.98 million. Losses were -$29.51 million, -89.11% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for GREE stock is "Strong Buy" and the 12-month stock price forecast is $4.0.

Price Target
$4.0
(270.37% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Water Tower Research Publishes Initiation of Coverage Report on Greenidge Generation Holdings, Inc., “Future of Integrated Crypto Data Centers and Power Generation Looks Bright”

February 20, 2025, ST. PETERSBURG, FL – Water Tower Research (www.watertowerresearch.com) has published an Initiation of Coverage Report on Greenidge Generation Holdings, Inc. (NASDAQ: GREE) titled, “...

1 day ago - TheNewswire

Data Journey on Aggressive Growth Track: Announces Purchase of Spartanburg Property from Greenidge Generation for $12.1 Million

The purchase is a significant milestone for Data Journey as it marks their entry into the S. Carolina market and supports the company's aggressive growth.

2 months ago - GlobeNewsWire

Greenidge Generation Announces Sale of South Carolina Property to Data Journey for $12.1 Million and 8% Stake in Planned Data Center's Profits

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (Nasdaq: GREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency data center and power generation company, today...

2 months ago - Business Wire

New York Supreme Court Rules for Greenidge Generation

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, issued...

3 months ago - Business Wire

Greenidge Generation Reports Financial and Operating Results for the Third Quarter 2024

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (Nasdaq: GREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, today ...

3 months ago - Business Wire

Greenidge Announces Preliminary Financial and Operating Results for the Third Quarter 2024

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, today ...

4 months ago - Business Wire

Greenidge Provides Bitcoin Production Update and Release of Investor Presentation

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today ...

5 months ago - Business Wire

Greenidge Generation Reports Financial and Operating Results for the Second Quarter 2024

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge”) or (the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, anno...

6 months ago - Business Wire

Greenidge Provides Bitcoin Production Update

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today ...

7 months ago - Business Wire

Greenidge Announces Launch of New Self-Mined Bitcoin Retention Strategy to Drive Growth

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today ...

7 months ago - Business Wire

Greenidge to Unveil Pod X Bitcoin Mining Solution at the Bitcoin Conference

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today ...

7 months ago - Business Wire

Greenidge Expands Bitcoin Mining Capabilities with Launch of Mississippi Site and Deployment of 2,400 Miners

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today ...

8 months ago - Business Wire

Greenidge Generation Announces Preliminary Financial and Operating Results for the First Quarter 2024 and Release of Investor Presentation

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge”), a vertically integrated cryptocurrency datacenter and power generation company, today announced prelimi...

10 months ago - Business Wire

DNAnexus and Oracle Collaborate to Advance Precision Health

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- #AI--DNAnexus announced that it will collaborate with Oracle to advance precision health.

Other symbols: VRT
11 months ago - Business Wire

Greenidge Generation Reports Financial and Operating Results for the Fourth Quarter and Full Year 2023

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge”), a vertically integrated cryptocurrency datacenter and power generation company, announced financial and...

11 months ago - Business Wire

Greenidge Announces Continued Expansion of Power Capacity; Company Has Secured Access To 60 MW of Low-Cost Power in South Carolina

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today ...

11 months ago - Business Wire

Greenidge Generation Announces Fourth Quarter Results Will Meet or Exceed Preliminary Results

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge”), a vertically integrated cryptocurrency datacenter and power generation company, today announced that it...

11 months ago - Business Wire

Greenidge Announces Expansion of Power Capacity with 40 MW of Low-Cost Power in Key Territories

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today ...

1 year ago - Business Wire

Infinite Reality, the Global Leader in Immersive Experiences, Acquires Spatial Web Pioneer Ethereal Engine

Virtual Experiences Leader Acquires Ethereal Engine in Share-For-Share Transaction Valuing Infinite Reality at $2.5 Billion and  Ethereal Engine at $75 million

1 year ago - GlobeNewsWire

Greenidge Generation Announces $6 Million Investment to Support Ongoing Business Transformation

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the "Company"), a vertically integrated cryptocurrency datacenter and power generation company, today ...

1 year ago - Business Wire

Greenidge Generation Announces Favorable Preliminary Financial and Operating Results for the Fourth Quarter 2023

DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge”), a vertically integrated cryptocurrency datacenter and power generation company, today announced favorab...

1 year ago - Business Wire

Infinite Reality, Global Leader Powering AI-Virtual Immersive Experiences Announces Strategic Partnership with Greenidge Generation Holdings (Nasdaq: GREE)

NORWALK, Conn.--(BUSINESS WIRE)--Infinite Reality, Global Leader Powering AI-Virtual Immersive Experiences Announces Strategic Partnership with Greenidge Generation Holdings.

1 year ago - Business Wire

Greenidge Generation Holdings and Infinite Reality Announce New Partnership and Equity Swap

FAIRFIELD, Conn.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the “Company”), a vertically-integrated cryptocurrency datacenter and power generation company, tod...

1 year ago - Business Wire

Greenidge Announces Leadership Transition

FAIRFIELD, Conn.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, tod...

1 year ago - Business Wire

Greenidge Substantially Improves Liquidity Profile Following Sale and Deleveraging Transaction

Eliminates Remaining $21.8 Million of Secured Debt by Selling South Carolina Mining Site to NYDIG Will Receive Cash Consideration of Approximately $6.2 Million in Connection with Transaction Greenidge...

1 year ago - PRNewsWire