Bitcoin mining company Greenidge Generation has sold a Bitcoin mining facility to NYDIG

Sep 18, 2024 20:55:18

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ChainCatcher news, according to News.bitcoin, Bitcoin mining company Greenidge Generation Holdings has sold a 22-acre, 44 megawatt (MW) Bitcoin mining facility in South Carolina to NYDIG, settling $21.8 million in secured debt. The company stated that this move enhances Greenidge's financial stability and liquidity.

NYDIG is a subsidiary of Stone Ridge Holdings Group, providing a range of services including Bitcoin (BTC) custody, financial solutions, infrastructure, and BTC mining operations. By acquiring the facility, NYDIG can further integrate its mining operations and enhance its infrastructure.

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