Greenidge Generation Holdings Inc

GREE

Company Profile

  • Business description

    Greenidge Generation Holdings Inc owns and operates a vertically integrated cryptocurrency data center. The company has one reportable segment: The Datacenter Operations segment, that derives revenue through datacenter hosting, crypto-currency self-mining, and power and capacity sales. It owns and operate a vertically integrated cryptocurrency datacenter and power generation facility in Torrey, New York, which includes a natural gas power generation plant of nameplate capacity. The cryptocurrency data center operations generate revenue in the form of bitcoin by earning bitcoin as rewards and transaction fees for supporting the bitcoin network with application-specific integrated circuit computers owned or leased by the company.

  • Contact

    1159 Pittsford-Victor Road
    Suite 240
    DresdenNY14534
    USA

    T: +1 315 536-2359

    https://www.greenidge.com

  • Sector

    Financial Services

    Stock type

    Cyclical

  • Industry

    Capital Markets

    Fiscal Year End

    31 December 2026

    Employees

    32

Stocks News & Analysis

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Lowering our fair value on ASX share

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Fuel volatility can lead to short-term earnings swings but all players bear the cost almost equally.
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US utilities stocks keep rallying as investors bet on power demand growth

Rising electricity demand from data centers supports earnings growth, but Morningstar analysts say the sector looks less attractive after a sharp rally.

Morningstar Investment Ideas

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