GREENIDGE GENERATION HOLDINGS INC (GREE)
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-09-04
$1.86+1.64%
Close 2026-08-20 · 1-day change
NASDAQFinancialsFinancial - Capital MarketsSnapshot 2026-09-04
Intact: The reason to own it still holds.
Greenidge owns bitcoin mining and power plants in New York. It plans revenue near $59 million in 2025. The company signed a big deal recently. This could help it grow and recover.
Greenidge is losing money and has fragile quality. It faces risks from equity sales and debt. The company had a Nasdaq delisting notice. These problems could hurt its future.
The market expects about 4% revenue growth. Our fair value is $12.19, slightly above current price. The stock is cheap versus peers but faces high risk.
Breaks if: New unregistered equity sales dilute shares
Manage capital allocation through unregistered sales of equity securities to reduce debt and improve liquidity.
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a turnaround play with a medium confidence level. GREE is currently loss-making and has volatile management, but it operates in a sector with favorable momentum.
The market seems to have priced in a low level of fragility, as GREE is seen as cheap compared to its peers. However, there is a significant expectations gap, indicating that investors may anticipate further challenges ahead.
Fundamentals are likely to remain weak in the near term, given the recent decline in company momentum and quality. Management's focus on advancing infrastructure and debt reduction shows some progress, but results have been inconsistent.
The long-term thesis hinges on GREE's ability to execute on its management priorities and the performance of sector bellwethers like MS, GS, and SCHW. Any guidance cuts from GREE could negatively impact sentiment.
The most important moves since the prior daily snapshot.
Our read on the company is unchanged since the prior snapshot.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: Material agreement fails or delivers no value
Pursue strategic growth through material definitive agreements and M&A activity.
Breaks if: Revenue falls below $58.8 million in FY25
Pursue strategic growth through material definitive agreements and M&A activity.
In the next 1 to 3 years, GREE's performance will depend on both its internal execution and external sector conditions. Not investment advice.