Atlas Capital GP LP disclosed a 23.1% stake in Greenidge Generation Class A common stock following a July 6 interest payment that added 114,199 shares valued at $161,820. The filing shows Atlas now holds 4,185,381 shares on an as-converted basis, up from 3,956,317 shares in January, but the ownership percentage fell from 25.0% because Greenidge's Class A share count expanded to over 15.2 million. The stake is calculated assuming conversion of all 2,680,030 Atlas-held Class B shares and includes shares held across several sub-funds, with Atlas Capital Resources (A9) LP holding 16.1% and A9-Parallel holding 5.8%. Managing partners Andrew M. Bursky and Timothy J. Fazio are also listed with the same 23.1% beneficial ownership through their control of Atlas Capital Resources GP LLC. Atlas has controlled Greenidge since acquiring the company in February 2014 and held 78.3% of voting power as of April 2024.
Greenidge Generation Holdings IncAtlas Capital's stake disclosure and share issuance are financial/ownership events with no clear directional impact on Greenidge's business.