Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Greenidge Generation Holdings ( (GREE) ) is now available.
On August 27, 2025, Greenidge Generation Holdings Inc. announced the commencement of a tender and exchange offer for its outstanding 8.50% Senior Notes due 2026. The offer includes an option to exchange old notes for new 10.00% Senior Notes due 2030 or to purchase the old notes for cash. This move aims to manage the company’s debt and potentially improve its financial position, offering a premium to the current trading price of the notes. The offer is subject to certain conditions and limits, with the expiration date set for September 26, 2025.
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: 217,215
Technical Sentiment Signal: Strong Sell
Current Market Cap: $21M
For a thorough assessment of GREE stock, go to TipRanks’ Stock Analysis page.