Greenidge Generation sells its Mississippi bitcoin mining facility, including select contracts and equipment, amid financial pressures from increased 2021 debt and Trump's latest tariffs, with the deal expected to close by September 16.
According to PANews on August 7, Nasdaq-listed miner Greenidge Generation announced the sale of its Mississippi bitcoin mining facility for approximately $3.9 million to an affiliate of LM Funding America. The sale includes the facility, select contracts, and mining equipment, excluding managed mining machines and nearby storage, driven by financial pressures from 2021 debt and Trump's latest tariffs, with the transaction expected to finalize by September 16.