PITTSFORD, N.Y.--(BUSINESS WIRE)--Greenidge Generation Holdings Inc. (Nasdaq: GREE) (“Greenidge” or the “Company”), a vertically integrated cryptocurrency datacenter and power generation company, today announced that on August 24, 2025, the Company received written notice from Data Journey LLC (“Data Journey”) exercising its right to terminate the Purchase and Sale Agreement, dated November 27, 2024 (as amended, the “Agreement”). Pursuant to the Agreement, the Company agreed to sell Data Journe
Related Questions
Will this termination trigger any contingent liabilities or affect existing financing covenants, and how might that influence the stock's risk profile?
How will the termination of the South Carolina property sale affect Greenidge's revenue forecasts and cash flow projections?
What alternative uses or buyers might Greenidge pursue for the South Carolina asset, and how could that impact its valuation?