Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (GREEL) Projected to Post Earnings on Friday

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) is expected to release its results before the market opens on Friday, March 27th. Analysts expect Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 to post earnings of ($0.50) per share and revenue of $13.70 million for the quarter.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Trading Down 1.4%

NASDAQ GREEL opened at $20.45 on Friday. The firm’s 50 day moving average price is $20.30 and its two-hundred day moving average price is $16.35. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a twelve month low of $6.33 and a twelve month high of $22.06.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Saturday, January 31st. Investors of record on Thursday, January 15th were given a dividend of $0.5313 per share. This represents a $2.13 annualized dividend and a yield of 10.4%. The ex-dividend date of this dividend was Thursday, January 15th.

About Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026

Greenidge Generation Holdings Inc is a vertically integrated energy and digital asset company that combines natural gas–fired power generation with in-house bitcoin mining operations. The company owns and operates a baseload power plant in Dresden, New York, where it supplies electricity to the NYISO wholesale market and dedicates excess capacity to support its bitcoin mining facilities. By leveraging on-site generation, Greenidge aims to optimize costs, improve operational efficiency and reduce exposure to external power price volatility.

Originally established through the acquisition and repurposing of a former coal-fired plant, Greenidge has transitioned to a cleaner, natural gas–fueled operation since 2017.