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Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

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Greenidge Generation Holdings / Equity Bottom-Up

<ul><li>Greenidge announced the closing of the sale of its Mississippi Bitcoin mining facility for $3.9 million. These funds will be used to grow the business.</li><li>This follows a solid 2Q25, with revenue of $12.9 million roughly flat Y/Y, as the company reduced debt from $60 million last quarter to $45 million this quarter.</li><li>The company had $3.4 million in cash and $7.3 million in Bitcoin at the end of the quarter.</li></ul>

Greenidge announced the closing of the sale of its Mississippi Bitcoin mining facility for $3.9 million. These funds will be used to grow the business.This follows a solid 2Q25, with revenue of $12.9 million roughly flat Y/Y, as the company reduced debt from $60 million last quarter to $45 million this quarter.The company had $3.4 million in cash and $7.3 million in Bitcoin at the end of the quarter.

Greenidge Generation Holdings, Inc: Mississippi Bitcoin Mining Facility Sale Closes