GREE

Power and Capacity Revenue More than Doubles Year-Over-Year to $18.7 Million Receipt of Proposed NYSEG Interconnection Agreement Expected to Advance 60MW Dresden AI/HPC Datacenter Development 250MW Load Study Initiated at Mississippi Site, Supplementing 40MW Planned for Energization in Q1 2027 Continued Debt Reduction and Strategic Asset Monetization Strengthen Balance Sheet and Support Long-Term Growth PITTSFORD, NY / ACCESS Newswire / May 18, 2026 / Greenidge Generation Holdings Inc. (Nasdaq:GREE) ("Greenidge" or the "Company"), a vertically integrated power generation company focused on datacenters and infrastructure development, announced financial and operating results for the first quarter ended March 31, 2026 and provided an update on the Company's growth prospects. Recent Highlights: Received a proposed Interconnection Agreement from NYSEG for the previously announced 60MW of non-curtailable power at the Dresden facility, which, if entered into, is expected to advance the Company's AI/HPC datacenter development plans; Submitted a request to the Tennessee Valley Authority for 250MW of additional power at the Company's Mississippi greenfield site, which would supplement the 40MW load that the Company anticipates being energized in Q1 2027; Engaged advisors to assist with marketing and development of the Company's Dresden and Mississippi properties in support of the Company's AI/HPC infrastructure strategy, including detailed site plan designs; Continued discussions with multiple parties regarding potential joint ventures, strategic partnerships and other potential transactions involving the Mississippi site, including a possible sale thereof; Signed agreement in April to sell a non-core asset in Mississippi for $1.08 million; and Held 98 Bitcoin valued at $6.7 million as of March 31, 2026. First Quarter 2026 Financial Results: Total revenue of $20.8 million, an improvement of $1.6 million from Q1 2025; Power and capacity revenue of $18.7 million, an improvement of $9.5 million from Q1 2025; Net loss of $4.6 million, an improvement of $1.0 million from Q1 2025; EBITDA loss of $1.8 million, a reduction of $2.2 million from Q1 2025; Adjusted EBITDA loss of $1.0 million, a reduction of $1.9 million from Q1 2025; Net cash flow used for operating activities of $11.4 million, an increase of $5.7 million from Q1 2025; Adjusted Free Cash Flow loss of $9.8 milli...

PITTSFORD, N.Y., March 25, 2026--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (Nasdaq: GREE) ("Greenidge" or the "Company"), a vertically integrated power generation company focused on datacenters and infrastructure development, today announced that it has amended the terms of its previously announced offer to exchange (the "Exchange Offer") its outstanding 8.50% Senior Notes due 2026 (the "Old Notes"), which trade on the Nasdaq Global Select Market under the symbol "GREEL". The Company is hereby amending the Offer to Exchange, dated March 11, 2026 (the "Offer to Exchange") and related documents, to (i) revise the consideration so that all holders that validly tender their Old Notes for exchange in the Exchange Offer will receive $25.00 principal amount of New Notes and two (2) shares of the Company’s Class A Common Stock, $0.0001 par value per share for each $25.00 principal amount of Old Notes exchanged, (ii) remove the concepts of Early Tender Premium and Early Tender Date, and (iii) waive the closing condition that at least $11.0 million in principal amount of Old Notes be validly tendered for exchange in the Exchange Offer. Holders of Old Notes that validly tendered and did not withdraw their Old Notes as of 5:00 p.m., New York City time, on March 25, 2026 (the "Withdrawal Date") do not need to take any further action to receive the consideration in the Exchange Offer. According to the information provided to Greenidge by Computershare Trust Company, N.A., the exchange agent in connection with the Exchange Offer, the following aggregate principal amount of the Old Notes set forth in the table below was validly tendered and not properly withdrawn as of the Withdrawal Date: Information Relating to the Exchange Offer The complete terms and conditions of the Exchange Offer, as amended by this press release, are set forth in the Offer to Exchange, which sets forth a detailed description of the Exchange Offer. Greenidge refers investors to the Offer to Exchange, as amended by this press release, for the complete terms and conditions of the Exchange Offer. Investors with questions regarding the terms and conditions of the Exchange Offer may contact our information agent as follows: D.F. KING & CO., INC. Banks and Brokers call: (212) 596-7578 Toll free: (800) 347-4826 Email: [email protected] About Greenidge Generation Holdings Inc. Greenidge Generation Ho...

As bitcoin, ethereum and other cryptocurrencies see major legal, institutional, and technological developments, the financial landscape continues to adapt. Stay up on the crypto news that matters with the “Crypto Currents” weekly from The Fly. Also, join us for your essential daily recap, every day at 2 PM ET on FlyCast radio. Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential CRYPTO EARNINGS: On Thursday, Strategy (MSTR) reported a fourth quarter loss per share of ($42.93) on revenue of $123M, which compared to a loss per share of ($3.03) for the same period last year and analyst revenue consensus of $118.5M. As of December 31, the company had cash and cash equivalents of $2.3B, as compared to $38.1M as of December 31, 2024. “We raised $25.3B of capital in 2025 to advance our Bitcoin treasury strategy, making us the largest equity issuer among U.S. public companies for a second consecutive year. We increased our holdings to 713,502 bitcoins, including 41,002 bitcoins acquired in January 2026 alone. STRC, our flagship Digital Credit instrument, has grown to $3.4B in size, supported by increasing liquidity and declining volatility. Our variable dividend rate mechanism for STRC, currently set at 11.25%, has helped maintain STRC price stability near the $100 stated amount despite a weaker bitcoin price environment. In 2026, we remain focused on expanding STRC to generate amplification and drive growth in Bitcoin Per Share for MSTR common stock investors,” said Phong Le, CEO Additionally on Monday, Strategy announced an update on its bitcoin holdings. The company reported acquiring 855 bitcoin for approximately $75.3B at an average purchase price of $87,974 between January 26 and February 1. As of February 1, Strategy holds 713,502 bitcoin acquired for an aggregate purchase price of approximately $54.26B. Following earnings, BTIG lowered the firm’s price target on Strategy to $250 from $630 and kept a Buy rating on the shares. The company’s Q4 earnings call was overshadowed by bitcoin prices that traded off 8% in the hours leading up to the call, the analyst said. BTIG reminds investors that Strategy’s convertible debt is “extremely over-collateralized” and is covered even if bitcoin prices drew down 80%. Further, the company h...

Explore Greenidge Generation Holdings's Fair Values from the Community and select yours Revenue: US$12.9m (down 1.5% from 2Q 2024). Net loss: US$4.12m (loss narrowed by 26% from 2Q 2024). US$0.27 loss per share (improved from US$0.56 loss in 2Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Greenidge Generation Holdings shares are down 11% from a week ago. It's necessary to consider the ever-present spectre of investment risk. We've identified 6 warning signs with Greenidge Generation Holdings (at least 4 which are a bit concerning), and understanding them should be part of your investment process. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Revenue: US$59.5m (down 15% from FY 2023). Revenue: US$59.5m (down 15% from FY 2023). Net loss: US$19.8m (loss narrowed by 32% from FY 2023). Net loss: US$19.8m (loss narrowed by 32% from FY 2023). US$1.88 loss per share (improved from US$4.36 loss in FY 2023). US$1.88 loss per share (improved from US$4.36 loss in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates by 3.9%. The company's shares are down 17% from a week ago. It is worth noting though that we have found 8 warning signs for Greenidge Generation Holdings (5 are significant!) that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.