Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026

GREELTechnology · Software - ApplicationVisit siteCIK 0001844971

Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.): $447.7M
Price: $24.69
% Change (Daily % change from the live per-ticker quote feed.): +0.16%
Volume: 5.1K

About

Greenidge Generation Holdings, Inc. runs an integrated operation that both mines Bitcoin and generates electricity. The company's work involves securing and facilitating transactions within the Bitcoin ecosystem, all while concurrently providing power to homes and businesses. This firm was established in 2014 and has its headquarters in Fairfield, Connecticut.

Quick stats

Shares outstanding18.1M

Computed float12.3M

Float / shares67.7%

Key info

SectorTechnology

IndustrySoftware - Application

CIK0001844971

Websitehttps://vulcanip.com

AI Summary

AI-generated

1/4

6d ago

minorbullishoperations update

Vulcan Infrastructure and Power Publishes Investor Presentation Highlighting its Pivot to a New Growth Platform

Vulcan Infrastructure and Power published an investor presentation outlining its strategy to pivot toward AI and high-performance computing infrastructure, detailing a previously announced $39.4 million PIPE transaction.

The company highlighted a combined pipeline of 654 MW at Vulcan-owned sites, with more than 100 MW of capacity expected to be available for AI/HPC opportunities within the next year.

Strategic investors include Atlas Holdings, Machine Investment Group, and Conversant Capital; proceeds from the PIPE are intended to strengthen the balance sheet and fund the redemption of Senior Notes due in October 2026.

Red flags

PIPE transaction has not closed and may not be completed
Press release explicitly states it does not constitute a notice of redemption for Senior Notes
Strategy pivot to AI/HPC represents execution risk in a new sector