Greenidge Generation (GREE) Stock Price, News & Analysis

Company Overview

Greenidge Generation (NASDAQ: GREE) is a diversified energy and digital asset company headquartered in Dresden, New York. The company owns and operates a modern natural gas–fired power plant and battery storage facility on the shores of Seneca Lake, where it produces wholesale electricity for the Northeast regional power grid. Greenidge Generation integrates power generation with advanced technologies to deliver reliable baseload energy while pursuing efficiency and environmental performance improvements.

At its core, Greenidge operates a 106-megawatt combined-cycle natural gas facility that was converted from a former coal-fired plant. The conversion project included the installation of high‐efficiency gas turbines, heat-recovery steam generators and modern emissions controls. In addition to electricity sales, the company’s on-site battery energy storage system supports grid reliability through capacity services, frequency response and peak shaving, enabling utilities and grid operators to balance supply and demand more effectively.

Expanding beyond conventional energy markets, Greenidge Generation has established a digital infrastructure platform focused on bitcoin mining. By colocating mining operations at its Dresden facility, the company leverages its generated power directly for digital asset production, minimizing transmission losses and reducing overall energy costs. This integrated approach aims to improve operational resilience and create a vertically aligned energy-to-mining business model that can scale with demand.

Founded on a vision to modernize regional power assets, Greenidge has evolved under the leadership of Chief Executive Officer Jeff Kirt and a management team with deep experience in energy project development, power marketing and digital infrastructure. The company serves wholesale electricity markets across New York and neighboring states, while its mining operations cater to global digital asset investors and networks. Greenidge continues to pursue strategic enhancements and potential growth opportunities through technology upgrades, regulatory engagement and disciplined capital deployment.

Key Stats

• Today's Range: $1.72 to $1.98
• 50-Day Range: $0.92 to $1.84
• 52-Week Range: $0.58 to $3.84
• Volume: 459,174 shs
• Average Volume: 508,001 shs
• Market Capitalization: $27.48 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

GREE Stock Analysis - Frequently Asked Questions

How have GREE shares performed this year?

Greenidge Generation's stock was trading at $1.55 at the beginning of the year. Since then, GREE shares have increased by 14.8% and is now trading at $1.78.

How were Greenidge Generation's earnings last quarter?

Greenidge Generation Holdings Inc. (NASDAQ:GREE) issued its quarterly earnings results on Thursday, May, 15th. The company reported ($0.40) earnings per share for the quarter.

When did Greenidge Generation's stock split?

Shares of Greenidge Generation reverse split on 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: 5/15/2025
• Today: 7/13/2025
• Next Earnings (Estimated): 8/13/2025
• 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: -36.01%
• Pretax Margin: -36.14%
• Return on Equity: N/A
• Return on Assets: -35.10%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.41
• Quick Ratio: 1.41

Sales & Book Value

• Annual Sales: $59.53 million
• Price / Sales: 0.46
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($4.28) per share
• Price / Book: -0.42

Miscellaneous

• Outstanding Shares: 15,440,000
• Free Float: 11,147,000
• Market Cap: $27.48 million
• Optionable: No Data
• Beta: 3.11