Greenidge Generation HoldingsGREE
Market Cap: $18.1M
About: Greenidge Generation Holdings Inc. owns and operates a vertically integrated cryptocurrency data center and power generation company. The company owns and operates facilities at two locations: the Town of Torrey, New York and Spartanburg, South Carolina. The cryptocurrency data center operations generate revenue in the form of bitcoin by earning bitcoin as rewards and transaction fees for supporting the global bitcoin network with application-specific integrated circuit computers (ASICs or miners) owned or leased by the company.
Employees: 40
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
0% more funds holding
Funds holding: 24 [Q1] → 24 (+0) [Q2]
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
13.86% less ownership
Funds ownership: 21.22% [Q1] → 7.36% (-13.86%) [Q2]
58% less capital invested
Capital invested by funds: $3.35M [Q1] → $1.4M (-$1.95M) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
B. Riley Securities Lucas Pipes 37% 1-year accuracy 23 / 63 met price target | 136%upside $4 | Buy Maintained | 12 Jul 2024 |