Greenidge Generation (GREE) Stock Price, News & Analysis

Company Overview

Greenidge Generation Holdings Inc. is an energy and digital asset company that operates a natural gas–fired power plant alongside an on-site Bitcoin mining facility. The company’s primary business activities include generating electricity for the New York power grid and leveraging that generation capacity to support high-performance cryptocurrency mining. Through these complementary operations, Greenidge seeks to optimize power utilization while capitalizing on growing demand for digital assets.

The company’s core power generation assets are located in Dresden, New York, where it repurposed a former coal-fired plant under Atlas Holdings’ ownership and converted it to a combined-cycle natural gas facility. This plant generates enough electricity to both supply wholesale power markets in the northeastern United States and provide dedicated, low-cost energy to its integrated mining center. Greenidge emphasizes operational efficiency and seeks to maintain competitive heat rates and emissions controls in compliance with state and federal environmental standards.

Greenidge’s digital asset segment features a purpose-built data center that houses thousands of proprietary Bitcoin mining servers. By colocating mining equipment at its generation site, the company is able to capture value across the power generation and crypto-mining value chains. Greenidge has pursued initiatives to enhance sustainability, including investments in energy-efficient mining hardware and exploring opportunities to incorporate renewable energy credits into its operations.

Founded around the original Dresden plant, Greenidge Generation relaunched power production in 2017 and completed a business combination to become a publicly traded company in 2021. Its leadership team is headed by Chief Executive Officer Jeffrey Kirt, with Todd Davis serving as executive chairman. Together, this management group focuses on balancing energy market dynamics with the technical demands of large-scale digital asset mining.

Key Stats

• Today's Range: $2.25 to $2.34
• 50-Day Range: $1.13 to $2.20
• 52-Week Range: $0.58 to $3.84
• Volume: 119,050 shs
• Average Volume: 284,316 shs
• Market Capitalization: $35.10 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Sell

GREE Stock Analysis - Frequently Asked Questions

How have GREE shares performed this year?

Greenidge Generation's stock was trading at $1.55 on January 1st, 2025. Since then, GREE shares have increased by 44.5% and is now trading at $2.24.

How were Greenidge Generation's earnings last quarter?

Greenidge Generation Holdings Inc. (NASDAQ:GREE) announced its quarterly earnings results on Wednesday, August, 13th. The company reported ($0.27) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.44) by $0.17. The company earned $12.90 million during the quarter, compared to the consensus estimate of $14.30 million.

When did Greenidge Generation's stock split?

Greenidge Generation's stock reverse split on the morning of Tuesday, May 16th 2023.The 1-10 reverse split was announced on Tuesday, May 16th 2023. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, May 16th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of Greenidge Generation?

Shares of GREE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Greenidge Generation own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Greenidge Generation investors own include Zomedica (ZOM), Jumia Technologies (JMIA), Nano Dimension (NNDM), NVIDIA (NVDA), NIO (NIO), Meta Platforms (META) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 8/13/2025
• Today: 10/07/2025
• Next Earnings (Estimated): 11/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: FIN - MISC SVCS
• Sub-Industry: Banking
• Current Symbol: NASDAQ:GREE
• CIK: 1844971
• Web: www.greenidge.com
• Phone: (315) 536-2359
• Fax: N/A
• Employees: 680
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$19.78 million
• Net Margins: -33.68%
• Pretax Margin: -33.87%
• Return on Equity: N/A
• Return on Assets: -34.08%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.05
• Quick Ratio: 1.05

Sales & Book Value

• Annual Sales: $59.53 million
• Price / Sales: 0.58
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($4.28) per share
• Price / Book: -0.51

Miscellaneous

• Outstanding Shares: 15,670,000
• Free Float: 11,316,000
• Market Cap: $34.47 million
• Optionable: No Data
• Beta: 3.23