Greenidge Generation Reaches Debt Restructuring Deal with NYDIG to Avoid Bankruptcy
Greenidge Generation, a bitcoin mining firm, has reached a deal with its lender NYDIG to restructure $74.7 million of debt in an effort to avoid bankruptcy. The deal, which is currently in the form of a non-binding term sheet, will see NYDIG purchase 2.8 exahash per second worth of Greenidge's…
