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Greenidge Generation Holdings
(NASDAQ:GREE)
Greenidge Generation Holdings (GREE) vs. SPDR S&P 500 ETF (SPY)
Greenidge Generation Holdings Business Overview & Revenue Model
Greenidge Generation Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 59.25M | 59.53M | 70.39M | 89.98M | 97.33M | 20.11M |
| Gross Profit | 27.00M | 47.45M | 19.38M | 28.43M | 68.94M | 7.51M |
| EBITDA | -2.87M | 699.00K | -2.78M | -181.33M | 45.37M | 1.94M |
| Net Income | -19.95M | -19.79M | -29.51M | -269.74M | -44.48M | -3.29M |
Balance Sheet | ||||||
| Total Assets | 52.76M | 64.86M | 71.18M | 163.77M | 341.27M | 64.57M |
| Cash, Cash Equivalents and Short-Term Investments | 3.40M | 8.62M | 13.31M | 15.22M | 83.09M | 5.05M |
| Total Debt | 63.27M | 68.07M | 68.71M | 152.35M | 95.76M | 8.21M |
| Total Liabilities | 113.98M | 120.61M | 122.20M | 210.81M | 128.84M | 20.21M |
| Stockholders Equity | -61.22M | -55.75M | -51.02M | -47.05M | 212.42M | 44.36M |
Cash Flow | ||||||
| Free Cash Flow | -24.80M | -22.47M | -25.17M | -147.44M | -118.31M | -4.04M |
| Operating Cash Flow | -16.02M | -12.04M | -12.15M | -14.48M | 45.26M | 557.00K |
| Investing Cash Flow | 7.41M | -3.89M | -2.71M | -121.35M | -141.77M | -10.55M |
| Financing Cash Flow | 1.61M | 11.24M | 13.77M | 62.14M | 174.06M | 3.30M |
Greenidge Generation Holdings Technical Analysis
Greenidge Generation Holdings Risk Analysis
Greenidge Generation Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
59 Neutral | $8.17B | ― | -9.69% | ― | 35.41% | -38.08% | |
52 Neutral | $6.32B | 50.50 | 5.24% | ― | 103.62% | 49.48% | |
47 Neutral | $21.89M | ― | ― | ― | -11.36% | 64.27% | |
41 Neutral | $25.55M | -1.04 | ― | ― | -18.74% | 39.95% | |
41 Neutral | $4.22B | -3.12 | ― | ― | ― | ― | |
37 Underperform | $20.54M | -0.35 | ― | ― | -13.86% | -32.19% |
Greenidge Generation Holdings Corporate Events
On October 22, 2025, Greenidge Generation Holdings announced the early results of its tender and exchange offers for its outstanding 8.5% Senior Notes due 2026, which began on October 6, 2025. The announcement revealed that a significant portion of the notes had been tendered, indicating stakeholder engagement and potential impacts on the company’s financial strategy and market positioning.
The most recent analyst rating on (GREE) stock is a Hold 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.
On October 6, 2025, Greenidge Generation Holdings Inc. announced the commencement of a tender and exchange offer for its outstanding 8.50% Senior Notes due 2026. The company offers two options: exchanging the old notes for new 10.00% Senior Notes due 2030 or purchasing the old notes for cash. This move is aimed at managing the company’s debt structure and could impact stakeholders by potentially improving the company’s financial flexibility. The offer includes premiums compared to the current trading price of the old notes, with specific terms and conditions outlined for participants.
The most recent analyst rating on (GREE) stock is a Hold 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.
On September 29, 2025, Greenidge Generation Holdings announced the expiration and final results of its tender and exchange offer for its outstanding 8.50% Senior Notes due 2026. The offer, which commenced on August 27, 2025, allowed holders to exchange their notes for new 10.00% Senior Notes due 2030 or receive cash. The company reported that a total of $5,943,975 in notes were accepted, leaving $38,409,825 outstanding. Greenidge aims to list the new notes on the OTC Market under the ticker ‘GREEN,’ but cannot guarantee an active trading market will develop, potentially impacting liquidity and trading prices.
The most recent analyst rating on (GREE) stock is a Hold 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.
On September 12, 2025, Greenidge Generation Holdings announced amendments to its tender and exchange offers for its 8.5% Senior Notes due 2026, initially commenced on August 27, 2025. The company increased the purchase price for the tender option and extended the expiration date to September 29, 2025, impacting its financial strategy and potentially affecting stakeholders holding the notes.
The most recent analyst rating on (GREE) stock is a Hold 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.
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.
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.
On August 11, 2025, Greenidge Generation Holdings announced the appointment of Charles M. Zeynel to its Board of Directors, expanding the board from 10 to 11 members. Zeynel brings over 40 years of experience in petrochemicals, strategic management, and sustainability, having previously led the ZAG Group. This appointment is part of Greenidge’s broader strategy to enhance its operations and market positioning. The company also reported financial results for the second quarter of 2025, highlighting a significant reduction in debt through a public tender offer, improved mining efficiency, and strategic property transactions aimed at optimizing operations. Greenidge continues to explore strategic alternatives to maximize stakeholder value, including further restructuring of debt and expansion of its mining capabilities.
On August 1, 2025, Greenidge Generation Holdings Inc., through its subsidiary Greenidge Mississippi LLC, entered into an Asset Purchase Agreement to sell a 6.4-acre property and associated business assets in Columbus, Mississippi, to US Digital Mining Mississippi LLC for approximately $3.9 million. The transaction, excluding bitcoin miners and a separate industrial warehouse space, is expected to close by September 16, 2025, subject to due diligence and customary closing conditions.