Greenidge Generation Announces Second Quarter Financial Results: Total Bitcoin Production 110
TechFlame
2025-08-14 01:36
TechFlame2025-08-14 01:36
English
TechFlame reports that cryptocurrency data center and power generation company Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge” or the “Company”) today announced financial results for the second quarter ending June 30, 2025:
Total revenue: $12.9 million;
Net loss: $4.1 million;
EBITDA loss: $200,000;
Adjusted EBITDA profit: $400,000;
Cryptocurrency mining revenue: $4.2 million;
Data center hosting revenue: $6 million;
Electricity and capacity revenue: $2.6 million;
Total production of bitcoins: 110.