(Corrects revenue in Key Details table to $15.2 mln, not $4.2

mln)

Overview

* Greenidge Q3 2025 revenue at $15.2 mln, net income at

$12.0 mln

* Company reduces senior unsecured debt by 47.2% to $38 mln

* Greenidge reaches agreement with NYSDEC on new five-year

air

permit

Outlook

* Greenidge plans to secure 40MW electrical capacity by

March 2027

* Company exploring sale or development of South Carolina

property

* Greenidge to restructure 2026 debt through exchange offers

Result Drivers

* POWER AND CAPACITY REVENUE - Co reports 83% increase in

power

and capacity revenue to $4.7 mln, reflecting commitment to

providing power to the grid

* DEBT REDUCTION - Co reduced senior unsecured debt by 47.2%

to

$38 mln through tender offers and exchanges

* MINER FLEET EFFICIENCY - Co improved efficiency of miner

fleet

by 10% to 21.3 J/TH

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $15.2

Revenue mln

Q3 Net $12 mln

Income

Q3 $1.70

Adjusted mln

EBITDA

Q3 $12 mln

Operatin

g Income

Analyst Coverage

* The one available analyst rating on the shares is "buy"

* Wall Street's median 12-month price target for Greenidge

Generation Holdings Inc ( GREE ) is $4.00, about 61% above its November

12 closing price of $1.56

Press Release:

For questions concerning the data in this report, contact

[email protected]. For any other questions or feedback,

contact .

(This story was created using Reuters automation and AI based

on LSEG and company data. It was checked and edited by a Reuters

journalist prior to publication.)