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Greenidge Generation (GREE) upsizes previously announced Bitmain order from 10,000 to 22,500

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Greenidge Generation Announces Comprehensive Expansion Plans

October 21, 2021 4:23 PM EDT

DRESDEN, N.Y., Oct. 21, 2021 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge") today announced new details regarding its plans to significantly expand beyond its current site in the State of New York.

To achieve this expansion, Greenidge has more than doubled its recent order with Bitmain to 22,500 units; entered into an exclusive agreement with a developer with a development pipeline of at least 2,000MW of capacity in Texas; entered into a separate exclusive agreement with a company controlling over 1,000MW of power generation assets in Texas; and... More