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Greenidge Generation Finalizes Tender Offer Results

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Greenidge Generation Finalizes Tender Offer Results

Meet Your ETF AI Analyst

Greenidge Generation Holdings ( (GREE) ) just unveiled an update.

On November 6, 2025, Greenidge Generation Holdings Inc. announced the final results of its tender and exchange offer for its outstanding 8.50% Senior Notes due 2026, which commenced on October 6, 2025, and expired on November 5, 2025. The company revealed that a portion of the notes was exchanged for new 10.00% Senior Notes due 2030, yet the aggregate principal amount of the new notes is below the minimum required for Nasdaq listing. Consequently, Greenidge seeks to list the new notes on the OTC Market, though it cannot guarantee a liquid trading market will develop. This move reflects Greenidge’s strategic financial management but also highlights potential liquidity risks for stakeholders.

The most recent analyst rating on (GREE) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Greenidge Generation Holdings stock, see the GREE Stock Forecast page.

Spark’s Take on GREE Stock

According to Spark, TipRanks’ AI Analyst, GREE is a Neutral.

The overall stock score is primarily impacted by significant financial challenges, including declining revenues and negative equity. Technical indicators also suggest bearish momentum, while valuation metrics reflect ongoing losses. These factors collectively indicate a high-risk investment with limited short-term upside potential.

To see Spark’s full report on GREE stock, click here.

More about Greenidge Generation Holdings

Greenidge Generation Holdings Inc. is a vertically integrated power generation company that focuses on cryptocurrency mining, infrastructure development, engineering, procurement, construction management, and operations and maintenance of sites.

Average Trading Volume: 251,881

Technical Sentiment Signal: Strong Sell

Current Market Cap: $25.55M

See more data about GREE stock on TipRanks’ Stock Analysis page.

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