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Greenidge Generation rebrands as Vulcan Infrastructure and Power in shift away from bitcoin mining

PUBT · 1d ago

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Greenidge Generation rebrands as Vulcan Infrastructure and Power in shift away from bitcoin mining

Greenidge Generation reorganized into Vulcan Infrastructure and Power, shifting from bitcoin mining toward power assets for AI/HPC data centers.
USD 39.4 million strategic investment set to cut about USD 33 million of 8.50% senior unsecured notes due October 2026.
Financing includes USD 29.4 million stock at USD 1.71 per share, USD 10 million 10% secured convertible notes at USD 2.13 conversion price.
Nasdaq ticker expected to change to VIP from GREE around July 24, 2026.
Platform targets more than 100 MW near-term data center capacity, supported by 104 MW energized capacity, 654 MW owned-site development pipeline.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenidge Generation Holdings Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607200905ACCESSWRNAPR_____1193336) on July 20, 2026, and is solely responsible for the information contained therein.

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