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Greenidge Generation Shares Rise 10% After Partnership With Infinite Reality

Por: MarketWatch Business December 12, 2023

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Greenidge is granting Infinite Reality a one-year warrant to buy shares of Greenidge stock at $7 a share, the proceeds of which will be used by Greenidge for the development of a new data center. Infinite Reality is granting Greenidge a one-year warrant to purchase an equivalent value of Infinite Reality shares, reflecting a $2.5 billion valuation of Infinite Reality, with the proceeds to be used for general working capital purposes. Greenidge... + full article



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