Aug. 13 at 8:41 PM
$GREE
Overview:
- Recent Public Tender/Exchange Offer Resulted in Significant Debt Reduction, with Cash Tender Offer Oversubscribed by 100%
- Announces Charles M. Zeynel’s Appointment to the Board, Bringing Extensive Expertise in Sustainable Materials, Carbon Removal Technologies and M&A
Second Quarter 2025 Financial Results:
- Total revenue of
$12.9 million;
- Net loss of
$4.1 million; EBITDA loss of
$0.2 million;
- Positive adjusted EBITDA of
$0.4 million;
- Cryptocurrency mining revenue of
$4.2 million;
- Datacenter hosting revenue of
$6.0 million;
- Power and capacity revenue of
$2.6 million;
- Total bitcoin production of 110 BTC.
