Greenidge Generation Holdings Inc GREE shares are trading higher Tuesday after Bitcoin BTC/USD reached $35,000 for the first time since 2022.
What To Know:
Shares of GREE have gained 38% over the last month as the price of Bitcoin rises and excitement surrounding the potential approval of BlackRock’s spot Bitcoin ETF builds.
Greenidge Generation Holdings Inc. owns and operates a vertically integrated cryptocurrency data center that generates 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.
Shares of GREE are up…
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