Nov. 13 at 5:05 PM
Greenidge Generation Holdings Inc reported 3Q25 revenue of
$15.2M, up 20%+ Y/Y, alongside a 47% reduction in 2026 debt, reflecting strong execution and balance sheet improvement.
🔹 Cut 2026 debt by
$34.2M via exchanges and tenders — a 47% reduction
🔹 Improved fleet efficiency by 10%, lowering energy use to 21.3 J/TH
🔹 Boosted cash + Bitcoin holdings by
$3M despite asset sales
🔹 Secured 40 MW power capacity for Mississippi expansion by 2027
CEO Jordan Kovler: “Our disciplined strategy strengthens Greenidge’s financial position and enables us to capitalize on a robust growth pipeline.”
Check out John Roy's full report!
https://www.watertowerresearch.com/doc?docID=UR_GREE_11132025
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