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Greenidge Generation Closes Sale of South Carolina Property for $18 Million in Cash and Up to $18 Million in Additional Earnout Payments
Businesswire· 2025-12-11 21:00
PITTSFORD, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (Nasdaq: GREE) (together with its controlled affiliates, "Greenidge†or the "Company†), a vertically integrated cryptocurrency data center and power generation company, today announced the closing of the sale of its 152-acre property located in Spartanburg, South Carolina to an affiliate of The Lightstone Group and LightHouse Data Centers (the "Transaction†). The consideration for the Transaction consists of $18.0 million in c. ...