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

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 (NASDAQ:GREEL) will likely be posting 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 Price Performance

Shares of NASDAQ:GREEL opened at $21.08 on Thursday. The company’s fifty day moving average is $20.25 and its two-hundred day moving average is $16.72. Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 has a 1-year low of $6.33 and a 1-year high of $22.06.

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

The firm also recently announced a quarterly dividend, which was paid on Saturday, January 31st. Shareholders of record on Thursday, January 15th were issued a $0.5313 dividend. The ex-dividend date of this dividend was Thursday, January 15th. This represents a $2.13 dividend on an annualized basis and a yield of 10.1%.

Greenidge Generation Holdings Inc. 8.50% Senior Notes due 2026 Company Profile

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.