Announced
Completed
Financials
Tags
Reverse Takeover
United States
Acquisition
Single Bidder
Public
Domestic
Friendly
technical support solutions
IT Services: Other
Majority
Completed
Merger
Synopsis
Greenidge Generation, a vertically integrated bitcoin mining and power generation facility, completed the merger with Support.com, a technical support company for businesses and consumers, in an $88m deal. "The completion of this transaction marks a critical milestone in our journey, expanding our industry leadership as the first publicly traded, vertically integrated power generation and bitcoin miner of scale in North America. We are poised to create significant value by combining public market growth capital with our 100% carbon-neutral bitcoin mining business model as we expand our operations to additional locations, including our anticipated South Carolina facility," Jeff Kirt, Greenidge CEO.
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