Bitcoin miner Greenidge signs $74M debt restructuring agreement with NYDIG

According to a new filing with the U.S. Securities and Exchange Commission on Dec. 20, Bitcoin (BTC) miner Greenidge stated that it reached an agreement with its creditor, fintech firm NYDIG, to restructure approximately $74 million worth of debt. The deal, in the form of a non-binding term sheet, would result in a major change […]

Bitcoin miner Greenidge set for Nasdaq listing through merger

Bitcoin mining and power generation company Greenidge is set to complete a merger with customer and technical support solutions provider to become the latest publicly listed mining firm.  Once the merger transaction is complete, Inc. will become a wholly-owned subsidiary of Greenidge Generation Holdings Inc. The new entity‚Äôs Class A shares will trade […]