Core Viewpoint - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Group 1: Premarket Gainers - SMX (Security Matters) Public Limited Company (SMX) is up 39% at $22.80 [3] - Rubico Inc. (RUBI) has increased by 21% to $1.30 [3] - Aimei Health Technology Co., Ltd (AFJK) is up 19% at $76.80 [3] - Sable Offshore Corp. (SOC) has risen 19% to $10.81 [3] - Diginex Limited (DGNX) is up 18% at $4.95 [3] - Sidus Space, Inc. (SIDU) has increased by 18% to $3.71 [3] - SELLAS Life Sciences Group, Inc. (SLS) is up 16% at $4.40 [3] - Alchemy Investments Acquisition Corp 1 (ALCY) has risen 14% to $16.24 [3] - Greenidge Generation Holdings Inc. (GREE) is up 11% at $1.65 [3] - Enigmatig Limited (EGG) has increased by 5% to $5.52 [3] Group 2: Premarket Losers - Intelligent Bio Solutions Inc. (INBS) is down 11% at $8.48 [4] - ZW Data Action Technologies Inc. (CNET) has decreased by 11% to $1.20 [4] - Nuvve Holding Corp. (NVVE) is down 9% at $2.31 [4] - ESH Acquisition Corp. (ESHA) has fallen 8% to $17.59 [4] - LZ Technology Holdings Limited (LZMH) is down 6% at $1.55 [4] - Oriental Rise Holdings Limited (ORIS) has decreased by 4% to $1.43 [4] - Cango Inc. (CANG) is down 3% at $1.45 [4] - Massimo Group (MAMO) has fallen 2% to $3.90 [4] - Anghami Inc. (ANGH) is down 2% at $3.68 [4] - AIM ImmunoTech Inc. (AIM) has decreased by 2% to $1.10 [4]

Core Viewpoint - Greenidge Generation Holdings Inc. has successfully completed the sale of its 152-acre property in Spartanburg, South Carolina for a total consideration of $18.0 million [1] Group 1: Transaction Details - The property was sold to an affiliate of The Lightstone Group and LightHouse Data Centers [1] - The transaction marks a significant step in the company's strategic initiatives [1]

Revenue Performance - Total revenue for the three months ended September 30, 2025, was $15.22 million, an increase of 23% compared to $12.35 million in the same period of 2024[137]. - Cryptocurrency mining revenue increased by $0.9 million, or 28%, to $4.2 million, driven by an 87% increase in the average bitcoin price[141][142]. - Power and capacity revenue rose by $2.14 million, or 83%, to $4.74 million, reflecting favorable power economics[137]. - Datacenter hosting revenue decreased by $186,000, or 3%, to $6.30 million, with a decline in MWhs dedicated to hosting[137]. - Total revenue for the nine months ended September 30, 2025, increased by $2.6 million, or 6%, to $47.3 million compared to $44.7 million in 2024[165]. Profitability Metrics - Operating income for the three months ended September 30, 2025, was $304,000, a significant improvement from a loss of $4.65 million in the same period of 2024[137]. - The company reported a net income of $11.96 million for the three months ended September 30, 2025, compared to a net loss of $6.37 million in the prior year[137]. - EBITDA for the period was $15.23 million, representing a dramatic increase from a loss of $1.26 million in the same quarter of 2024[137]. - Net income for the three months ended September 30, 2025, was $12.0 million, a significant improvement from a net loss of $6.4 million in the prior year[158]. - Adjusted EBITDA for the three months ended September 30, 2025, was $1.7 million, compared to a loss of $0.2 million in the same period of 2024, reflecting a substantial operational improvement[163]. - Net income from operations improved by $18.2 million, resulting in a net income of $2.3 million compared to a loss of $15.9 million in the prior year[165]. Mining Operations - The company operated approximately 25,400 miners with a combined capacity of 2.9 EH/s, of which 18,200 miners (1.8 EH/s) were for datacenter hosting[140]. - The average cost to mine one bitcoin increased to $70,333 for the three months ended September 30, 2025, compared to $49,151 in the same period of 2024, representing a 43% increase[145]. - The value of each bitcoin mined rose to $116,056, resulting in the cost to mine one bitcoin being 60.6% of its value, down from 79.7% in the prior year[145]. - The average active hash rate for company-owned miners increased by 11% to 878,530 EH/s, while hosted miners decreased by 18% to 1,349,490 EH/s[167]. - The fleet of miners had an average efficiency of 21.3 J/TH, with no scheduled downtime reported[171]. Expenses and Costs - Total cost of revenue (exclusive of depreciation) rose by $1.7 million, or 18%, to $11.0 million, primarily due to a 51% increase in natural gas prices[149]. - Selling, general and administrative expenses decreased by $0.7 million, or 18%, to $3.1 million, mainly due to declines in payroll and insurance expenses[151]. - Total operating costs and expenses decreased by $2.1 million, or 4%, to $52.8 million, with a notable reduction in selling, general, and administrative expenses by 32%[165]. - Selling, general and administrative expenses decreased by $4.2 million, or 32%, to $9.0 million for the nine months ended September 30, 2025, compared to the prior year period[179]. Cash Flow and Debt Management - Cash and cash equivalents as of September 30, 2025, were $7.6 million, with digital assets valued at $6.1 million[189]. - Net cash used for operating activities was $10.4 million for the nine months ended September 30, 2025, compared to $8.3 million in the prior year[199]. - Net cash provided by investing activities was $18.0 million for the nine months ended September 30, 2025, compared to net cash used of $4.4 million in the prior year[200]. - The company extinguished $80.3 million of debt through asset sales and restructuring activities since 2022[190]. - Projected operating cash flows are insufficient to meet existing debt obligations of $38.4 million due on October 31, 2026[191]. Regulatory and Compliance - The company qualifies as an "emerging growth company" under the JOBS Act and intends to rely on exemptions from certain disclosure requirements[206]. - The company will remain an "emerging growth company" until the earliest of five years from now, total annual gross revenues exceeding $1.235 billion, or the market value of its Class A common stock exceeding $700 million[208]. - The company has elected to take advantage of the extended transition period for adopting new accounting standards, which may affect comparability with other companies[207]. - The company is not required to provide quantitative and qualitative disclosures about market risk as a smaller reporting company[209]. - The company is exempt from certain requirements under the Sarbanes-Oxley Act, including auditor reports on internal controls over financial reporting[210].

Financial Performance - Total revenue for Q3 2025 was $15.2 million, an increase of $2.3 million from Q2 2025[5] - Net income for Q3 2025 was $12.0 million, improving by $16.1 million from Q2 2025[5] - EBITDA for Q3 2025 was $15.2 million, an increase of $15.4 million from Q2 2025[5] - Adjusted Free Cash Flow for Q3 2025 was $4.3 million, improving by $6.4 million from Q2 2025[5] Revenue Sources - Power and capacity revenue increased by 83% to $4.7 million compared to the previous quarter[5] Debt Management - The company reduced its senior unsecured debt due October 2026 by 47.2% to $38 million[5] Operational Efficiency - The efficiency of the current active miner fleet improved by 10% to 21.3 J/TH from 23.7 J/TH[5] - The company produced a total of 95 Bitcoins in Q3 2025, a decrease of 15 from Q2 2025[5] Cash Position - Greenidge ended the quarter with $7.6 million in cash and $6.1 million in Bitcoin[4] Regulatory Developments - A landmark agreement with NYSDEC was announced, providing a pathway for a new five-year Title V Air Permit[2]

Core Viewpoint - Greenidge Generation Holdings Inc. reported its financial and operational results for Q3 2025, highlighting a significant agreement with the New York State Department of Environmental Conservation that supports its growth strategy [1]. Financial Results - The company announced its financial results for the third quarter ended September 30, 2025, indicating a focus on its performance metrics and operational efficiency [1]. Growth Prospects - Greenidge provided an update on its growth prospects, emphasizing the importance of the recent agreement with NYSDEC as a pathway for future development [1].

LATEST: 📈 Shares of Bitcoin miner Greenidge Generation Holdings surged over 30% after securing a 5-year air emissions permit from New York, allowing it to continue its BTC mining operations in the state. https://t.co/VXPY0Zdt0z ...

Core Points - Greenidge Generation Holdings Inc. has reached an agreement with the State of New York for a five-year renewal of its Title V Air Permit for the Dresden facility [1] - The renewal ensures the continued operation of the facility, which significantly contributes power to the local energy grid annually [1] Summary by Category Company Overview - Greenidge Generation Holdings Inc. operates as a vertically integrated cryptocurrency datacenter and power generation company [1] Regulatory Developments - The agreement on the Title V Air Permit is described as historic, indicating its importance for the company's operations and compliance with environmental regulations [1] Operational Impact - The Dresden facility plays a crucial role in providing power to the local energy grid, highlighting its significance in both energy supply and the company's business model [1]

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - AlphaVest Acquisition Corp (ATMV) is up 71% at $14.24 [3] - BranchOut Food Inc. (BOF) is up 44% at $3.04 [3] - rYojbaba Co., Ltd. (RYOJ) is up 35% at $5.14 [3] - GSI Technology, Inc. (GSIT) is up 25% at $16.24 [3] - Jowell Global Ltd. (JWEL) is up 18% at $2.02 [3] - General Motors Company (GM) is up 9% at $63.68 [3] - Crown Holdings, Inc. (CCK) is up 8% at $103.00 [3] - Spero Therapeutics, Inc. (SPRO) is up 8% at $2.49 [3] - Sunrun Inc. (RUN) is up 6% at $21.90 [3] - Foxx Development Holdings Inc. (FOXX) is up 5% at $4.50 [3] Premarket Losers - Neuphoria Therapeutics Inc. (NEUP) is down 66% at $5.19 [4] - New Era Energy & Digital, Inc. (NUAI) is down 9% at $5.09 [4] - Odyssey Marine Exploration, Inc. (OMEX) is down 8% at $3.28 [4] - Carbon Revolution Public Limited Company (CREV) is down 7% at $4.86 [4] - Coeur Mining, Inc. (CDE) is down 7% at $20.38 [4] - Hecla Mining Company (HL) is down 6% at $13.50 [4] - Verrica Pharmaceuticals Inc. (VRCA) is down 6% at $4.12 [4] - Sensei Biotherapeutics, Inc. (SNSE) is down 5% at $10.06 [4] - Whitehawk Therapeutics, Inc. (WHWK) is down 5% at $2.52 [4] - Greenidge Generation Holdings Inc. (GREE) is down 5% at $2.07 [4]

Company Overview - Greenidge Generation Holdings Inc. has amended the terms of its concurrent tender and exchange offer for its 8.5% senior notes due 2026, raising the purchase price and extending the deadline to late September [1] - The company will now pay $10.00 plus accrued interest for each $25.00 of principal tendered under the cash purchase option, while eliminating the previously announced early tender premium [2] Financial Details - As of the September 11 withdrawal deadline, $3.97 million of the $44.35 million outstanding notes had been validly tendered under the purchase option, with an additional $1,375 exchanged under the alternative exchange option [3] - Holders who already tendered do not need to take further action to benefit from the revised terms [3] Industry Context - The offer comes as Greenidge continues efforts to restructure its balance sheet amid volatility in the cryptocurrency mining sector, where high debt loads and power-intensive operations have pressured margins [4] - Other U.S.-listed crypto miners have pursued similar debt repurchases or exchanges in recent years to reduce leverage and extend maturities [4] Business Model - Greenidge operates a hybrid model combining natural gas power generation with bitcoin mining, a strategy that has drawn both investor interest and environmental scrutiny [5] - The outcome of this offer will be closely watched as an indicator of investor confidence in the company's financial restructuring and its ability to navigate a capital-intensive business model [5]

Group 1 - Greenidge Generation Holdings Inc. has amended and restated its previously announced concurrent tender and exchange offers [1] - The offers are aimed at exchanging or purchasing the outstanding 8.5% Senior Notes due 2026 [1]