Bitcoin miner Greenidge Generation cuts NYDIG debt 78% to US$17 million

Bitcoin miner Greenidge Generation cuts NYDIG debt 78% to US$17 million

Troubled U.S.-based Bitcoin mining firm Greenidge Generation Holdings Inc. has restructured more of its debt to investment management service provider NYDIG and investment bank B. Riley Commercial Capital, the company announced on Tuesday.

See related article: U.S. crypto miner Core Scientific files for Chapter 11 bankruptcy, continues to mine Bitcoin

Fast facts

  • Nasdaq-listed Greenidge said it has reduced its debt to NYDIG by about 78% to US$17 million from US$76 million through various…


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