$VIP

Vulcan Infrastructure & Power Inc. (GREEL) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 vipq22026earningsreleasevf.htm EX-99.1 Document Vulcan Infrastructure and Power Reports Second Quarter 2026 Results Recently Announced $39.4 Million Strategic Investment Positions Vulcan to Accelerate Development of its Power and Digital Infrastructure Platform PITTSFOR

Greenidge Generation Holdings rebranded as Vulcan Infrastructure and Power, shifting from crypto mining to AI/HPC data center operations while continuing power generation at Dresden. Affiliates of Machine Investment Group and Atlas Holdings, plus investors including Conversant, plan a $39.4M strategic investment. Vulcan will redeem about $33M of 8.50% notes and change Nasdaq ticker from GREE to VIP.

Greenidge Generation Holdings Inc. reported a Q1 2026 net loss of $4.6 million, an improvement from $5.6 million a year prior, with total revenue up 8% to $20.8 million, largely driven by a 103% increase in power and capacity revenue. However, datacenter hosting revenue and cryptocurrency mining revenue decreased significantly. The company is facing substantial doubt about its ability to continue as a going concern due to high debt ($42.3 million) including $36.7 million in Senior Notes due October 2026, and insufficient liquidity to cover near-term debt obligations without strategic actions.