Vulcan Leaves Historical Bitcoin Mining for Power Infrastructure
(High)(Neutral)Vulcan Infrastructure and Power (NASDAQ:VIP)has completed its corporate name change from Greenidge Generation Holdings and will begin trading on Nasdaq under new tickerVIPon Friday, July 24,. . .
(High)(Neutral)Vulcan Infrastructure and Power (NASDAQ:VIP)has completed its corporate name change from Greenidge Generation Holdings and will begin trading on Nasdaq under new tickerVIPon Friday, July 24, 2026, replacing “GREE. ” No shareholder action is required and share counts are unchanged. According to Vulcan, the new identity supports its shift to a power and digital infrastructure platform, backed by a recently announced$39. 4 million strategic investment. The company has exited historical bitcoin mining operations and is focusing on energized sites for AI and high-performance computing, controlling104 MWof existing capacity and a654 MWdevelopment pipeline. Loading. . . Loading translation. . . Positive$39. 4 millionstrategic investment to support new power and infrastructure focusExisting energized capacity of104 MWfor AI/HPC and power customersDevelopment pipeline of654 MWacross owned sitesName and ticker change toVIPaligns with strategic transformationNo shareholder action required; number of shares held remains unchangedNegativeNone. AI-generated analysis. How Rhea-AI works. Not financial advice. See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google07/24/2026 - 09:00 AMTrading to begin Friday, July 24, under new NASDAQ ticker symbolVIP;New corporate identity reflects strategic transition to a power and infrastructure platformPITTSFORD, NY /ACCESS Newswire/ July 24, 2026 /Vulcan Infrastructure and Power Inc. (NASDAQ:VIP) ("Vulcan" or the "Company") is announcing the completion of its corporate name change from Greenidge Generation Holdings Inc. (formerly NASDAQ:GREE) to Vulcan Infrastructure and Power Inc. The Company's common stock will begin trading under its new ticker symbol ("VIP") on Friday, July 24. Trading under the Company's previous ticker symbol "GREE" ceased at the close of market on Thursday, July 23. No action is required by shareholders in connection with the ticker symbol change. The change will be automatically reflected in shareholders' brokerage accounts, and the number of shares owned by each shareholder will remain unchanged. The corporate name change and ticker change underscore the Company's strategic transformation, including its recently announced $39. 4 million strategic investment positioning Vulcan as a publicly traded power and digital infrastructure platform focused on capitalizing on growing demand for energized sites supporting next-generation AI and HPC workloads, while continuing to serve electricity demands in its upstate New York market. The Company has transitioned away from its historical bitcoin mining data center operations. The Company believes it is well-positioned to address this power and digital infrastructure opportunity. It currently controls 104 MW of existing energized capacity and has a 654 MW development pipeline across owned sites, with a path toward commercializing more than 100 MW of AI/HPC-ready capacity in the near term. A unique attribute of the Company is that, as a power generation source, it will also derive revenue and provide significant power for the communities where it operates to support the local grid. About Vulcan Infrastructure and Power Inc. Vulcan Infrastructure and Power Inc. (NASDAQ:VIP) is a power and infrastructure platform focused on acquiring, developing and operating energized sites that support artificial intelligence and high-performance computing data centers, as well as local electricity grids. For more information, please visit:www. VulcanIP. comForward-Looking StatementsThis press release includes certain statements that may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. All statements other than statements of historical fact are forward-looking statements for purposes of federal and state securities laws. These forward-looking statements involve uncertainties that could significantly affect Vulcan's financial or operating results. These forward-looking statements may be identified by terms such as "anticipate," "believe," "continue," "foresee," "expect," "intend," "plan," "may," "will," "would," "could," and "should," and the negative of these terms or other similar expressions. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Forward-looking statements in this press release include, among other things, statements regarding the AI/HPC transition, the proposed transaction described herein, including the proposed timing and steps contemplated in respect of the proposed transaction and approvals with respect thereto, the use of proceeds from the proposed transaction, and the business plan, business strategy and operations of Vulcan in the future. In addition, all statements that address operating performance and future performance, events or developments that are expected or anticipated to occur in the future are forward-looking statements. Forward-looking statements are subject to a number of risks, uncertainties and assumptions. Matters and factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements include but are not limited to the matters and factors described in Part I, Item 1A. "Risk Factors" of Vulcan's Annual Report on Form 10-K for the year ended December 31, 2025, as may be amended from time to time, its subsequently filed Quarterly Reports on Form 10-Q and its other filings with the SEC. Consequently, all of the forward-looking statements made in this press release are qualified by the information contained under this caption. No assurance can be given that these are all of the factors that could cause actual results to vary materially from the forward-looking statements in this press release. You should not put undue reliance on forward-looking statements. No assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do occur, the actual results, performance, or achievements of Vulcan could differ materially from the results expressed in, or implied by, any forward-looking statements. All forward-looking statements speak only as of the date of this press release and, unless otherwise required by U. S. federal securities laws, Vulcan does not assume any duty to update or revise any forward-looking statements included in this press release, whether as a result of new information, the occurrence of future events, uncertainties or otherwise, after the date of this press release. Investor ContactFNK IRRob Fink or Joey DelahoussayeIR@VulcanIP. com312-809-1087SOURCE:Vulcan Infrastructure and Power Inc. View the originalpress releaseon ACCESS NewswireFAQWhen will Vulcan Infrastructure and Power start trading under the new Nasdaq ticker VIP?Vulcan Infrastructure and Power common stock begins trading under the new Nasdaq ticker symbolVIPon Friday, July 24, 2026. According to Vulcan, trading under the former ticker “GREE” ended at the close of market on Thursday, July 23. How is Vulcan Infrastructure and Power (NASDAQ:VIP) changing its business strategy?Vulcan Infrastructure and Power is shifting from historical bitcoin mining data center operations to a power and digital infrastructure platform. According to Vulcan, it will focus on energized sites serving AI and high-performance computing workloads and continue supplying electricity to its upstate New York market. What capacity does Vulcan Infrastructure and Power (VIP) control for AI and HPC workloads?Vulcan Infrastructure and Power reports control of104 MWof existing energized capacity and a654 MWdevelopment pipeline. According to Vulcan, this portfolio provides a path to commercializing more than 100 MW of AI/HPC-ready capacity in the near term at its owned sites. What is the $39. 4 million strategic investment mentioned by Vulcan Infrastructure and Power (VIP)?Vulcan Infrastructure and Power highlights a recently announced$39. 4 million strategic investmentsupporting its transition to a power and digital infrastructure platform. According to Vulcan, this positions the company to capitalize on growing demand for energized sites serving next-generation AI and high-performance computing workloads. Does the ticker change to VIP affect Vulcan Infrastructure and Power’s role in local power markets?The ticker change toVIPdoes not change Vulcan’s stated operational role. According to Vulcan, as a power generation source it expects to derive revenue while supplying significant power to communities where it operates, supporting local electricity grids alongside data center customers.