Greenidge Generation (GREE) Soars 56.29% on Insider Buying

Greenidge Generation (GREE) surged 56.29% today, marking its fourth consecutive day of gains, with a cumulative increase of 112.70% over the past four days. The share price reached its highest level since January 2025, with an intraday gain of 58.14%.

One of the key factors driving the recent surge in Greenidge Generation's stock price is the significant insider buying activity. Director Christopher J. Krug purchased 125,000 shares of the company on April 23 and 24, 2025. This insider buying is often seen as a positive signal by the market, indicating confidence in the company's future prospects and potentially attracting more investors.

Additionally, the company's stock performance has been notably strong. On April 25, 2025, GREE experienced a significant stock price increase, reflecting recent positive developments or market reactions to the insider buying. This strong performance suggests a positive market sentiment towards Greenidge Generation Holdings in the short term.