Greenidge Generation Updates Tender Offer for Senior Notes
Greenidge Generation Holdings (GREE) has updated its tender offer for its 8.5% Senior Notes due 2026, increasing the purchase price and extending the expiration date to September 29, 2025. The latest analyst rating for GREE stock is a Hold with a $1.50 price target. Spark's AI Analyst rates GREE as Neutral, citing significant financial challenges, declining revenues, and negative equity, resulting in a low overall score. Greenidge focuses on power generation for cryptocurrency mining and has a current market cap of $23.2M.
The latest update is out from Greenidge Generation Holdings ( (GREE) ).
On September 12, 2025, Greenidge Generation Holdings announced amendments to its tender and exchange offers for its 8.5% Senior Notes due 2026, initially commenced on August 27, 2025. The company increased the purchase price for the tender option and extended the expiration date to September 29, 2025, impacting its financial strategy and potentially affecting stakeholders holding the notes.
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 analysis indicates mixed momentum, and valuation metrics are weak due to ongoing losses. These factors collectively result in a low overall score.
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: 197,113
Technical Sentiment Signal: Strong Sell
Current Market Cap: $23.2M
For a thorough assessment of GREE stock, go to TipRanks’ Stock Analysis page.
