Greenidge Generation Holdings Inc. (GREE)

NASDAQ: GREE · IEX Real-Time Price · USD
3.770
+0.070 (1.89%)
At close: Mar 1, 2024, 4:00 PM
3.800
+0.030 (0.80%)
After-hours: Mar 1, 2024, 7:38 PM EST
1.89%
Market Cap 36.29M
Revenue (ttm) 42.37M
Net Income (ttm) -172.03M
Shares Out 9.63M
EPS (ttm) -37.43
PE Ratio n/a
Forward PE 1.61
Dividend n/a
Ex-Dividend Date n/a
Volume 225,995
Open 3.700
Previous Close 3.700
Day's Range 3.510 - 3.820
52-Week Range 1.550 - 9.260
Beta 3.45
Analysts n/a
Price Target n/a
Earnings Date Mar 27, 2024

About GREE

Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company. The company owns and operates cryptocurrency datacenters in New York and South Carolina. It also owns and operates a 106 MW nameplate natural gas power generation facility. The company was founded in 1937 and is headquartered in Dresden, New York. [Read more]

Industry Capital Markets
Sector Financials
Founded 1937
Employees 347
Stock Exchange NASDAQ
Ticker Symbol GREE
Full Company Profile

Financial Performance

In 2022, GREE's revenue was $89.98 million, a decrease of -7.55% compared to the previous year's $97.33 million. Losses were -$271.07 million, 509.4% more than in 2021.

Financial Statements

News

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

Other symbols: NBST
20 days 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 ...

20 days 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...

4 weeks 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.

2 months 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...

2 months 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...

3 months 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...

3 months ago - PRNewsWire

Greenidge Generation Reports Third Quarter 2023

Third Quarter 2023 Highlights Total revenue was $20.9 million Cryptocurrency datacenter hosting revenue was $12.1 million, and Cryptocurrency datacenter self-mining revenue was $6.6 million GAAP net l...

3 months ago - PRNewsWire

Greenidge Generation Announces Selected Preliminary Financial and Operating Results for the Third Quarter 2023

FAIRFIELD, Conn. , Oct. 25, 2023 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge"), a vertically integrated cryptocurrency datacenter and power generation company, today ...

4 months ago - PRNewsWire

Greenidge Completes Expansion of South Carolina Mining Facility to 44 MW

Expects to Eliminate Remaining $22 Million of Secured Debt by Selling South Carolina Mining Site to NYDIG Greenidge Expects to Receive $4.9 million of Cash, Less Certain Costs, with Potential to Earn ...

7 months ago - PRNewsWire

RealDefense Acquires Support.com

PASADENA, Calif.--(BUSINESS WIRE)---- $GREE #acquisition--RealDefense, a leading company specializing in consumer security, privacy, and productivity software and support services, announces its succe...

8 months ago - Business Wire

Greenidge Generation Reports First Quarter 2023

First Quarter 2023 Highlights Results in line with guidance provided on April 21, 2023 Total revenue was $15.2 million Cryptocurrency datacenter hosting revenue was $6.9 million, and Cryptocurrency da...

10 months ago - PRNewsWire

Greenidge Generation's 1-for-10 Reverse Stock Split Will Become Effective

The Company's Class A common stock will begin trading on a split-adjusted basis on May 16, 2023 FAIRFIELD, Conn. , May 15, 2023 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Gree...

10 months ago - PRNewsWire

Greenidge Generation Deploys 8,400 Rigs with Capacity of ~ 1.0 EH/s

Greenidge Signs Hosting Agreement with Core Scientific for 6,914 Greenidge-Owned Miners to Be Operated at Core Scientific's Facilities in Dalton, Georgia and Calvert City, Kentucky Greenidge Announces...

11 months ago - PRNewsWire

Greenidge Generation Announces Selected Preliminary Financial and Operating Results for First Quarter 2023

FAIRFIELD, Conn. , April 21, 2023 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge"), a vertically integrated cryptocurrency datacenter and power generation company, today...

11 months ago - PRNewsWire

Greenidge Generation Reports Fourth Quarter and Full Year 2022

Fourth Quarter 2022 Highlights Total revenue was $16.0 million, compared to January 2023 guidance of ~$15 million Cryptocurrency datacenter revenue was $12.2 million, in line with January 2023 guidanc...

1 year ago - PRNewsWire

Greenidge Generation Appoints Jordan Kovler to Board of Directors

FAIRFIELD, Conn. , March 27, 2023 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge"), a vertically integrated cryptocurrency datacenter and power generation company, has a...

1 year ago - PRNewsWire

Conifex Signs Hosting Services Agreement with Greenidge Generation

VANCOUVER, British Columbia, March 15, 2023 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”, “we” or “us”) (TSX: CFF) announced today that it has entered into a hosting services agreement (the "Agr...

1 year ago - GlobeNewsWire

Greenidge Generation Expands Footprint with New Hosting Services Agreement Using Renewable Energy with Conifex Timber in British Columbia, Canada

Agreement Includes Prospect of Up To 28 MW of Mining Capacity FAIRFIELD, Conn. , March 15, 2023 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge" or the "Company") a crypt...

1 year ago - PRNewsWire

GREE INVESTOR NOTICE: ROSEN, A TOP RANKED LAW FIRM, Encourages Greenidge Generation Holdings Inc. Investors to Inquire About Securities Class Action Investigation - GREE, GREEL

NEW YORK , March 10, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Greenidge Generatio...

1 year ago - PRNewsWire

GLOBALLY RECOGNIZED ROSEN LAW FIRM Encourages Greenidge Generation Holdings Inc. Investors to Inquire About Securities Class Action Investigation - GREE, GREEL

NEW YORK , March 3, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Greenidge Generation ...

1 year ago - PRNewsWire

Cytokinetics will seek international approval for drug following FDA rejection, says CEO Robert Blum

Cytokinetics President and CEO Robert Blum joins 'Power Lunch' to discuss the FDA's rejection of the company's heart failure drug, how FDA approval increases shareholder value and future treatment pla...

Other symbols: CYTK
1 year ago - CNBC Television

EQUITY ALERT: ROSEN, A TOP RANKED LAW FIRM, Encourages Greenidge Generation Holdings Inc. Investors to Inquire About Securities Class Action Investigation – GREE; GREEL

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Greenidge Generation Holdings ...

1 year ago - Business Wire

Greenidge Generation Restructures and Significantly Reduces Secured Debt

Greenidge Restructures ~$76 Million of Secured Debt with NYDIG, Reducing Obligations to ~$17 Million, With Potential for Additional $10 Million Reduction Greenidge Restructures B. Riley $11 Million Pr...

1 year ago - PRNewsWire

Crypto Miner Greenidge Generation Seeks Debt Restructuring

Aiming to stave off bankruptcy, crypto miner Greenidge Generation is aiming to restructure its debt.  The firm said in a Tuesday (Dec. 20) press release that it is working to restructure a significant...

1 year ago - PYMNTS