The investment firm’s updated SEC filing shows a 23.1% ownership in GREE following a July 6 stock payment valued at $161,820.
Atlas Capital GP LP now holds 4,185,381 shares of Greenidge Generation (NASDAQ: GREE), representing 23.1% of Class A common stock after converting shares. The increase follows a July 6 issuance of 114,199 shares to Atlas under an Equity Interest Payment Agreement dated January 24, 2025.
The filing outlines six stock-based interest payments through July 2026, totaling 633,561 shares and approximately $933,150 in value. Atlas previously reported a 25.0% stake in January, but the percentage declined due to an expanded share count, now at 15,286,349 Class A shares outstanding.
Atlas has controlled Greenidge since 2014 and held 78.3% voting power as of April 26, 2024, per the company’s proxy statement. The latest filing reflects a smaller ownership percentage despite a higher share total.