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Greenidge Generation Shares Jump 30% After Analyst Sees Potential 200% Upside — CoinDesk

Greenidge Generation Shares Jump 30% After Analyst Sees Potential 200% Upside — CoinDesk

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“We believe that Greenidge can fund this growth with cash on hand, free cash flow, and borrowings,” B. Riley analyst Lucas Pipes wrote in a be aware. “The low probability of equity dilution is a key differentiation from the peer group.” B. Riley additionally covers mining corporations Marathon Digital (NASDAQ: MARA) and Riot Blockchain (NASDAQ: RIOT).

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