Bitcoin Miner Greenidge Q4 Revenue Matches Estimate; Reiterates Hashrate Guidance

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Bitcoin Miner Greenidge Q4 Revenue Matches Estimate; Reiterates Hashrate Guidance
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Bitcoin miner Greenidge_GREE fourth quarter revenue and adjusted EBITDA match analyst estimates, while the miner reiterated its year-end hashrate guidance. Reports Aoyon_A

Bitcoin miner Greenidge Generation posted fourth-quarter revenue of $44.3 million, up 617% from a year ago, and roughly in line with the FactSet consensus of analysts at $44.5 million.

The company mined 609 bitcoin in Q4, a 167% rise from 228 in the same quarter in a year earlier. For all 2021, Greenidge mined 1,866 bitcoin versus 1,146 in 2020.

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