Data Journey Ends Deal with Greenidge to Acquire 152-acre Data Center

US cryptocurrency data center and power generation firm Greenidge Generation has seen a deal to sell off two parcels of land to Data Journey in South Carolina fall through.

As part of the initial agreement, Greenidge was set to support Data Journey in developing and building a new data center that would have utilized 60MW of secured power on the site. According to Greenidge, 60 percent of the site's power was set to be from zero-carbon sources, including nuclear energy.

Data Journey initiated the termination of the agreement on August 24, exercising its right to terminate the purchase and sale agreement. As part of the termination, the two companies agreed to provide Data Journey an option to consummate the transaction, which was scheduled to expire on August 25, 2025, allow Greenidge to retain non-refundable deposits paid by Data Journey totaling $400,000.

Despite the deal falling through, Greenidge was separately able to recently close the purchase of a 37-acre plot of land in Mississippi. The site is expected to provide access to 44MW of additional “low-cost” power by July 2026. The company also announced the sale of an existing 7.5MW Mississippi mining facility.