Bitcoin mining provider Greenidge will complete the merger with technical support solution provider Support.com to become a new publicly traded mining company.
Upon completion of the merger, Support.com will become a wholly owned subsidiary of Greenwich Generation Holdings. This new Class A stock will be traded on the GREE ticker symbol.
SECMaterial for September 13The merger is expected to take effect by the 14th, according to the company. The merger through the share exchange will automatically convert Support.com shares into the right to receive 0.115 Greenwich shares.
The merger “is an important step in Greenwich,” said Jeff Kurt, CEO of the company, in building a platform for Bitcoin mining and low-carbon electricity remarks.
In July, Greenwich said it would pursue a 100% carbon-neutral Bitcoin mining business with the purchase of renewable energy and carbon offsets.Announced。
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