Greenidge Generation (GREE) Substantially Improves Liquidity Profile

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Greenidge Substantially Improves Liquidity Profile Following Sale and Deleveraging Transaction

November 15, 2023 8:30 AM EST

Eliminates Remaining $21.8 Million of Secured Debt by Selling South Carolina Mining Site to NYDIG

Will Receive Cash Consideration of Approximately $6.2 Million in Connection with Transaction

Greenidge has Reduced its Debt by a Total of $85.3 Million in 2023

FAIRFIELD, Conn., Nov. 15, 2023 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge" or... More