Greenidge Generation to Report Third Quarter 2021 Results

Rhea-AI Summary

Greenidge Generation Holdings Inc. (NASDAQ: GREE) will release its third quarter 2021 financial results on November 15, 2021. An earnings press release and Form 10-Q will be filed before market hours, available on the company's website. Greenidge is focused on carbon-neutral bitcoin mining, operating in upstate New York with plans to expand across North America. The press release includes forward-looking statements about business strategy, future performance, and risks associated with financial outcomes.

DRESDEN, N.Y., Nov. 11, 2021 /PRNewswire/ -- Greenidge Generation Holdings Inc. (NASDAQ: GREE) today announced it will release third quarter 2021 financial results on Monday, November 15, 2021.

An earnings press release will be issued and a Form 10-Q will be filed prior to regular trading hours. The earnings release and 10-Q will be available on the company's website at https://ir.greenidge.com/

About Greenidge Generation Holdings Inc.
Greenidge Generation Holdings Inc. (NASDAQ: GREE) is a vertically integrated bitcoin mining and power generation company. Greenidge is committed to 100% carbon-neutral bitcoin mining at all of its locations by utilizing low-carbon sources of energy and offsetting its carbon footprint. Greenidge currently operates one facility in upstate New York and plans to expand operations to multiple locations in North America.

Forward-Looking Statements
This press release includes certain statements that may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements for purposes of federal and state securities laws. These forward-looking statements involve uncertainties that could significantly affect Greenidge's financial or operating results. These forward-looking statements may be identified by terms such as "anticipate," "believe," "continue," "foresee," "expect," "intend," "plan," "may," "will," "would," "could," and "should," and the negative of these terms or other similar expressions. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Forward-looking statements in this press release include, among other things, statements regarding the business plan, business strategy and operations of Greenidge in the future. In addition, all statements that address operating performance and future performance, events or developments that are expected or anticipated to occur in the future, such as statements concerning (i) the delivery of S19 XP Antminers currently on order with Bitmain, (ii) the development of facilities in South Carolina or Texas, (iii) future mining capacity, (iv) future electrical capacity, (v) the ability to offset carbon emissions and (vi) the ability to obtain future debt or equity financing, are forward-looking statements. Forward-looking statements are subject to a number of risks, uncertainties and assumptions. Matters and factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements include but are not limited to the matters and factors described in Part II, Item 1A. "Risk Factors" of Greenidge's Quarterly Reports on Form 10-Q, and its other filings with the Securities and Exchange Commission. Consequently, all of the forward-looking statements made in this press release are qualified by the information contained under this caption. No assurance can be given that these are all of the factors that could cause actual results to vary materially from the forward-looking statements in this press release. You should not put undue reliance on forward-looking statements. No assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do occur, the actual results, performance, or achievements of Greenidge could differ materially from the results expressed in, or implied by, any forward-looking statements. All forward-looking statements speak only as of the date of this press release and Greenidge does not assume any duty to update or revise any forward-looking statements included in this press release, whether as a result of new information, the occurrence of future events, uncertainties or otherwise, after the date of this press release.

IR: investorrelations@greenidge.com
Media: media@greenidge.com

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SOURCE Greenidge Generation Holdings Inc.

FAQ

When will Greenidge Generation report its third quarter 2021 results?

Greenidge Generation will report its third quarter 2021 results on November 15, 2021.

Where can I find Greenidge Generation's financial results?

Greenidge Generation's financial results will be available on their website, including the earnings press release and Form 10-Q.

What is Greenidge Generation's focus in bitcoin mining?

Greenidge Generation is committed to 100% carbon-neutral bitcoin mining across all its locations.

What future operations does Greenidge Generation plan?

Greenidge Generation plans to expand its operations to multiple locations in North America.

What are the risks mentioned in Greenidge Generation's press release?

The risks include uncertainties affecting Greenidge's financial or operating results and other factors detailed in their filings.