Greenidge Nets $6M Boost: A Turnaround Tale?

Greenidge Secures $6 Million Investment from Armistice Capital

Greenidge Generation Holdings Inc. has announced that it has secured a $6 million investment from Armistice Capital as part of its growth strategy for 2023. The investment will be used to expand into new low-cost power centers, enhance bitcoin mining capabilities, develop engineering, procurement, and construction management business, and fund new AI infrastructure and data centers.