Greenidge Generation Holdings (GREE) said Friday that a New York judge overturned the New York State Department of Environmental Conservation's denial of its application for renewal of a Title V Air Permit.
The company said its operations at the New York facility will continue uninterrupted.
"This is the seventh court ruling on Greenidge's operation - with seven decisions in favor of Greenidge. Why? Because when actual judges rule - not DEC political actors - the facts and law govern, and our record is clear: we comply with state and federal law", Greenidge Generation said in a statement following the ruling.
Shares of the company rose more than 41% in premarket activity.
Price: 3.500, Change: +1.03, Percent Change: +41.70
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