Company Data
Greenidge Generation Holdings Inc.
Ticker
GREE
Current Price
$1.08 -2.7%
Market Cap
$12.1M
Price Target
Refer to Report
Volume
113.8K
52wk Range
$1 - $4.52
Overview
Greenidge Generation Holdings Inc. owns a bitcoin mining and power generation facility. The firm operates in two locations; the Town of Torrey, New York and Spartanburg, South Carolina.Business segments are Cryptocurrency Datacenter and Power Generation Segment and the Support Services Segment. Cryptocurrency data center operations generate revenue by earning bitcoin as rewards and transaction fees for supporting the global bitcoin network with application-specific integrated circuit computers (ASICs or miners). It owns and operates a power generation facility that is connected to the New York Independent Systems Operator (the NYISO) which operates New York state’s power grid.