Greenidge reported preliminary Q4 2025 total revenue of USD 11.5 million, net income of USD 1.9 million to USD 2.9 million, and EBITDA of USD 4.5 million to USD 5.5 million. The company posted an adjusted EBITDA loss of USD 6.2 million to USD 5.2 million and net cash flow used for operating activities of USD 4.6 million, while adjusted free cash flow was a loss of USD 2.0 million. Q4 cryptocurrency mining revenue was USD 2.6 million, datacenter hosting revenue was USD 3.3 million, and power and capacity revenue was USD 5.6 million; Greenidge produced 53 bitcoins in the quarter and held 74 bitcoins valued at USD 6.5 million at December 31, 2025. For FY 2025, Greenidge reported total revenue of USD 58.8 million, net income of USD 4.2 million to USD 5.2 million, and EBITDA of USD 19.9 million to USD 20.9 million, with an adjusted EBITDA loss of USD 3.1 million to USD 2.1 million. Net cash flow used for operating activities was USD 15.0 million and adjusted free cash flow was a loss of USD 2.3 million. FY 2025 cryptocurrency mining revenue was USD 15.2 million, datacenter hosting revenue was USD 21.5 million, and power and capacity revenue was USD 22.2 million; bitcoin production totaled 371, and SG&A expenses were USD 12.1 million. Greenidge said it secured approval for 100MW of future non-curtailable power for datacenters (60MW at its Dresden facility via grid interconnection and 40MW at a 34-acre greenfield site in Mississippi available by Q1 2027) and initiated a NYISO system impact study to access an additional 200MW at Dresden. The company also closed the sale of its South Carolina property for USD 18.0 million in cash plus up to USD 18.0 million in potential future earnouts, and highlighted an agreement with NYSDEC under which the agency “shall issue” a final five-year Title V Air Permit modification and renewal for the Dresden facility following a public comment period and fulfillment of applicable state regulations. Greenidge ended Q4 with USD 19.6 million of cash, USD 6.5 million of bitcoin and USD 39.0 million in aggregate principal amount of senior unsecured debt due October 2026 and June 2030, and said it is pursuing a transition from Bitcoin mining to AI/HPC datacenters.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenidge Generation Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603051630BIZWIRE_USPR_____20260304_BW992788) on March 05, 2026, and is solely responsible for the information contained therein.
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