On March 25, 2026, Greenidge Generation Holdings Inc. (Nasdaq: GREE) announced amendments to its previously announced exchange offer for its outstanding 8.50% Senior Notes due 2026. The exchange offer, which commenced on March 11, 2026, has been revised to provide that all holders who validly tender their Old Notes will receive $25.00 principal amount of New Notes and two shares of the Company’s Class A Common Stock for each $25.00 principal amount of Old Notes exchanged. The company has also removed the concepts of Early Tender Premium and Early Tender Date, and waived the closing condition that at least $11.0 million in principal amount of Old Notes be validly tendered for exchange. Holders of Old Notes who tendered and did not withdraw their notes by the Withdrawal Date of March 25, 2026, do not need to take further action to receive the consideration in the exchange offer. As of the Withdrawal Date, $1,334,025 of the Old Notes had been validly tendered and not properly withdrawn. This exchange offer is expected to enhance the company’s liquidity and financial flexibility, which may positively impact its stock price in the near term.

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