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Seeking Alpha 2021-08-27 13:54:38

"Meme, 'green' bitcoin miner Support.com quadruples ahead of merger close

Support.com (NASDAQ:SPRT) gained 85% as it nears a close of its deal to take Bitcoin miner Greenridge Generation public and a likely short squeeze. Support.com shares are likely skyrocketing due to the company's high short interest and social media promotions. Support.com's short interest is 66% of float. The shareholder vote on the deal is scheduled for Sept 10. Greenridge is expected to be the only U.S. public company operating a vertically integrated power generation asset and bitcoin mining operation. March 22, SPRT shares surge on taking Bitcoin miner Greenidge Generation public.

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