Tag: Greenidge
Bitcoin Miner Greenidge Generation Restructures Another $11M of Debt
In addition, Greenidge is actively pursuing a sale of excess real estate from its South Carolina mining facility. Any proceeds would go towards the no [...]
Bitcoin miner Greenidge cuts NYDIG debt from $72M to $17M
Bitcoin (BTC) mining company Greenidge Generation has significantly reduced its debt with the investment management firm, New York Digital Investment [...]
Bitcoin miner Greenidge signs $74M debt restructuring agreement with NYDIG
According to a new filing with the U.S. Securities and Exchange Commission on Dec. 20, Bitcoin (BTC) miner Greenidge stated that it reached an agreeme [...]
Bitcoin Miner Greenidge Reaches Debt Restructuring Deal With NYDIG as Bankruptcy Looms
During October and November, Greenidge burned through $8 million a month, of which $5.5 million went on NYDIG payments. It expects the same cash burn [...]
Bitcoin Miner Greenidge Expects Q3 Losses of $20M-$22M Amid CEO Departure
The mining firm also announced the appointment of David Anderson as its new CEO following the departure of Jeffrey Kirt effective Oct. 7. Anderson was [...]
Bitcoin Miner Greenidge Generation Shares Fall as Revenues Miss Estimates
The company said the combination of falling bitcoin prices and high global energy prices presented a “challenging earnings environment.”
www.coindesk [...]
Environmentalists Target Greenidge as They Turn Up Pressure on NY Governor to Sign Mining Moratorium Bill
Gov. Hochul has received a $40,000 donation from Ashton Soniat, the chairman and CEO of Coinmint, as well as $78,000 from Albany lobbying firm Ostroff [...]
Bitcoin Miner Greenidge Q4 Revenue Matches Estimate; Reiterates Hashrate Guidance
The company also said permission for its operations to continue at its New York facility has been delayed again.
www.coindesk.com [...]
Greenidge Q4 Revenue Rises Even as the Number of Coins Mined Falls
The number of mined bitcoins fell 16% from the previous quarter while hashrate rose 17%.
www.coindesk.com [...]
Greenidge Q4 Revenue Rises Even as the Number of Coins Mined Falls
Bitcoin miner Greenidge Generation said fourth-quarter preliminary revenue rose 23% from the third-quarter even as the number of bitcoins produced fel [...]
Bitcoin Miner Greenidge Generation Offers Additional $35M in Bonds
Bitcoin mining company Greenidge Generation Holdings (GREE) plans to sell $35 million in senior notes, due in October 2026, according to a new fili [...]
Greenidge Generation Reports Record Revenue in Q3, Names New CFO
The bitcoin miner’s third quarter revenue grew 484% year-over-year, and the company appointed Robert Loughran as its new Chief Financial Officer. N [...]
Stoush over Greenidge miner’s legal threats to activists over ‘false’ claims
Greenidge Generation LLC, an upstate New York-based Bitcoin (BTC) mining firm has reportedly threatened legal action over repeated “demonstrably fa [...]
Greenidge Outperforms Peers as B Riley Analyst Sees Higher Earnings Potential
BusinessThe analyst raised the miner’s 12-month price target to $82 from $78 and 2022 earnings estimates, citing its expansion plans.By Aoyon Ashra [...]
Greenidge Generation Holdings to Expand, Acquire Sites in Texas, South Carolina
Bitcoin mining company Greenidge Generation is eyeing expansion into two new sites in Texas and South Carolina.The Nasdaq-listed firm announced Thu [...]