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Greenidge Generation Holdings ( (GREE) ) has shared an announcement.
On August 24, 2025, Greenidge Generation Holdings announced the termination of a Purchase and Sale Agreement with Data Journey LLC, which involved selling two parcels of land in Spartanburg, South Carolina for $12.1 million. The agreement’s termination allows Greenidge to retain $400,000 in non-refundable deposits and continue marketing the property to other potential buyers, while the company plans to secure long-term power rights and maximize shareholder value.
The most recent analyst rating on (GREE) stock is a Sell with a $1.50 price target. To see the full list of analyst forecasts on Greenidge Generation Holdings stock, see the GREE Stock Forecast page.
Spark’s Take on GREE Stock
According to Spark, TipRanks’ AI Analyst, GREE is a Underperform.
Greenidge Generation Holdings’ overall stock score is primarily driven by its poor financial performance, characterized by declining revenues, consistent losses, and negative equity. Technical analysis further indicates bearish momentum, while valuation metrics highlight ongoing profitability issues. Although recent corporate events show strategic intent, they are not enough to significantly improve the stock’s outlook.
To see Spark’s full report on GREE stock, click here.
More about Greenidge Generation Holdings
Greenidge Generation Holdings Inc. is a vertically integrated power generation company that focuses on cryptocurrency mining, infrastructure development, engineering, procurement, construction management, and operations and maintenance of sites.
Average Trading Volume: 221,482
Technical Sentiment Signal: Strong Sell
Current Market Cap: $21.63M
Find detailed analytics on GREE stock on TipRanks’ Stock Analysis page.