Greenidge Generation Holdings Inc. (GREE)
$
0.73
-0.03 (-4.11%)
Key metrics
Financial statements
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Greenidge Generation Holdings Inc. operates as an integrated cryptocurrency datacenter and power generation company, owning and managing cryptocurrency datacenters in New York and South Carolina, alongside a 106 MW power generation facility. Founded in 1937, the company is based in Fairfield, Connecticut. The financial data pertains to the fiscal year 2023. The net income ratio is -0.42 reflecting the company's profitability margin. Furthermore, the net total of other income and expenses is -$12,147,000.00 revealing insights into non-core financial activities. The weighted average number of diluted shares outstanding is 6,660,000.00 which reflects potential dilution effects on shareholders. A crucial measure of the company's operational profitability is the EBITDA, which stands at -$2,778,000.00. This comprehensive overview underscores Greenidge Generation's position and financial health in the cryptocurrency sector. In the investment landscape, the stock is affordable at $0.78 making it suitable for budget-conscious investors. Additionally, the stock has a high average trading volume of 218,719.00 indicating strong liquidity in the market. With a market capitalization of $8,298,269.00 the company is classified as a small-cap player, which often attracts specific types of investors looking for growth potential. As a key player in the Financial - Capital Markets industry, Greenidge Generation significantly contributes to the overall market landscape. Moreover, it belongs to the Financial Services sector, driving innovation and growth within its operational framework. This dual emphasis on financial performance and market positioning illustrates the company's unique place in both the cryptocurrency and power generation spheres.
Investing in Greenidge Generation Holdings Inc. (GREE) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as C, with a Bearish outlook. Always conduct your own research before investing.
Analysts predict Greenidge Generation Holdings Inc. stock to fluctuate between $0.70 (low) and $3.84 (high) in the next 365 days, reflecting market expectations and potential volatility.
As of 2025-04-04, Greenidge Generation Holdings Inc.'s market cap is $8,298,269, based on 11,436,424 outstanding shares.
Compared to Meta Platforms, Inc. Class A Common Stock, Greenidge Generation Holdings Inc. has a Lower Market-Cap, indicating a difference in performance.
Greenidge Generation Holdings Inc. pays dividends. The current dividend yield is 85.47%, with a payout of $1 per share.
To buy Greenidge Generation Holdings Inc. (GREE) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for GREE. Place an order (Market, Limit, etc.).
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Greenidge Generation Holdings Inc.'s last stock split was 1:10 on 2023-05-16.
Revenue: $70,388,000 | EPS: -$4.43 | Growth: -93.04%.
Visit https://greenidge.com/investor-relations for detailed financial reports.
You can explore historical data from here
All-time high: $600 (2021-09-15) | All-time low: $0.67 (2025-04-04).
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
businesswire.com
a month ago
PITTSFORD, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (Nasdaq: GREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, announced financial and operating results for the fourth quarter and fiscal year ended December 31, 2024 and provided an update on the Company's growth prospects. Fourth Quarter 2024 Preliminary Financial Results: Total revenue of $14.8 million, an improvement of $2.4 million from Q3 2024; Net loss fro.
thenewswire.com
a month ago
February 20, 2025, ST. PETERSBURG, FL – Water Tower Research (www.watertowerresearch.com) has published an Initiation of Coverage Report on Greenidge Generation Holdings, Inc. (NASDAQ: GREE) titled, “Future of Integrated Crypto Data Centers and Power Generation Looks Bright”. The report can be accessed here. Greenidge builds, maintains, and operates data centers focused on Bitcoin mining and Artificial Intelligence and High-Performance Computing) (AI/HPC), along with related power and electric infrastructure. The company's knowledge of electricity markets and power plants makes it a market leader in the construction and operation of data centers.
globenewswire.com
4 months ago
The purchase is a significant milestone for Data Journey as it marks their entry into the S. Carolina market and supports the company's aggressive growth.
businesswire.com
4 months ago
DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (Nasdaq: GREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency data center and power generation company, today announced that it has entered into a definitive agreement to sell its 152-acre Spartanburg, South Carolina property (the “Spartanburg property”) to Data Journey LLC (“Data Journey”) for $12.1 million in cash and an 8% profit participation interest in the property's planned data center. Greenidge p.
businesswire.com
5 months ago
DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, issued the following information and statement regarding the ruling today from New York Supreme Court Judge Vincent Dinolfo rejecting the New York State Department of Environmental Conservation's (“DEC”) action to deny Greenidge's application for renewal of a Title V Air Permit. Greenidge's operations at.
businesswire.com
6 months ago
DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, today announced preliminary financial and operating results for the third quarter of 2024, including notable updates on the Company's ongoing SG&A expense reduction efforts as well as its continued upgrades to its fleet of bitcoin miners. Preliminary Third Quarter 2024 Financial Results1: Revenue of.
businesswire.com
a year ago
DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge”), a vertically integrated cryptocurrency datacenter and power generation company, today announced preliminary financial and operating results for the first quarter of 2024. The Company also highlighted CEO Jordan Kovler's presentation at the Planet MicroCap Showcase: Vegas 2024 taking place today, May 1, 2024, at 4:00 pm PST, which may be attended and accessed live along with the accompanying presenta.
investorplace.com
a year ago
The Bitcoin ( BTC-USD ) halving event has passed, and with it comes a renewed interest in blockchain technology and its potential for transforming various industries. As the cryptocurrency market continues to evolve, savvy investors are looking beyond just Bitcoin and exploring opportunities in companies that are leveraging blockchain technology to disrupt traditional business models.
businesswire.com
a year ago
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- #AI--DNAnexus announced that it will collaborate with Oracle to advance precision health.
businesswire.com
a year ago
DRESDEN, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge”), a vertically integrated cryptocurrency datacenter and power generation company, announced financial and operating results for the fourth quarter and fiscal year ended December 31, 2023 and provided an update on the actions the Company has taken to continue the transformation of the business. Fourth Quarter 2023 Financial Results: Total revenue of $19.6 million; Net income from continuing operations.
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