Investview (“INVU”) Experiences $1.8 Million Month in Bitcoin Mining Gross Income & Operations … | Information

, Investview (“INVU”) Experiences $1.8 Million Month in Bitcoin Mining Gross Income & Operations … | Information


Eatontown, NJ, Jan. 07, 2022 (GLOBE NEWSWIRE) — Investview, Inc. (OTCQB: INVU), a diversified monetary know-how firm that via its subsidiaries and international distribution community gives monetary know-how, schooling instruments, content material, analysis, and administration of digital asset applied sciences with a give attention to Bitcoin mining and the brand new era of digital property, pronounces its manufacturing and operational updates, together with its Bitcoin (“BTC“) manufacturing for December 2021.

December 2021 BTC Manufacturing and Digital Asset Holdings

Gross Income of $1.8 million, up 3% 12 months-Over-12 months DecemberGross Revenue of $1.3 million, up 37% 12 months-Over-12 months DecemberGross Revenue Margin of 72percentBitcoin Mined over 20 months interval ending December 2021, 1,236.41 BTCAs of December 31, 2021, Investview holds over 17.63 BTCAs of December 31, 2021, Investview holds over 75,614.89 NDAU

Operations Replace

In December 2021, SAFETek bought 96 new Bitmain T19 Bitcoin miners, that are at the moment being shipped and shall be absolutely deployed by mid-January, 2022. Administration has additionally accredited a plan to buy 229 extra new Bitcoin mining servers within the first quarter of 2022. These new mining servers are getting used to interchange older and fewer environment friendly mining server programs and can improve SAFETek’s hashrate by roughly 28 Petahash. The older mining server programs shall be shipped to SAFETek’s miner restore facility in Texas the place they are going to be absolutely refurbished and made accessible on the market or for redeployment.

Over the previous few years, the worth of the refurbished Bitcoin miners has elevated along with the rise within the worth of Bitcoin. In December, SAFETek commenced promoting a portion of the refurbished mining servers for practically double the unique buy value of those machines. At the moment, SAFETek has roughly 3,000 Bitcoin miners which can be scheduled to be refurbished at its Restore Facility within the first and second quarters of 2022. The sale or redeployment of those refurbished mining server programs may have a constructive influence on SAFETek’s monetary outcomes.

In January 2022, SAFETek will full remaining testing on its first cellular Bitcoin mining information heart trailer. The cellular information heart trailer on wheels is 53 ft lengthy, has area for 768 new era mining servers and a capability of two.75 megawatts. SAFETek is at the moment accepting orders for its cellular information heart trailers.

Observe: The numbers included on this launch are preliminary anticipated outcomes and are un-audited and should differ from numbers reported in our SEC filings because of compliance with US GAAP and are topic to remaining assessment by the Firm’s impartial auditors. Closing audited monetary statements could be present in our annual SEC Kind 10-Ok filings.

About Investview, Inc.

Investview, Inc. is a diversified monetary know-how and international distributor group that operates via its subsidiaries to offer monetary schooling instruments, content material, analysis, and administration of digital asset know-how that mines cryptocurrencies, with a give attention to Bitcoin mining and the subsequent era of digital property. Investview – driving decentralization of schooling and finance via a dedication to blockchain know-how. For extra data on Investview and its household of wholly owned subsidiaries, please go to:

Ahead-Wanting Statements

All statements on this launch that aren’t primarily based on historic reality are “forward-looking statements” inside the which means of Part 27A of the Securities Act of 1933 and Part 21E of the Securities Alternate Act of 1934. Ahead-looking statements, that are primarily based on sure assumptions and describe our future plans, methods, and expectations, can typically be recognized by way of forward-looking phrases reminiscent of “consider,” “anticipate,” “could,” “ought to,” “might,” “search,” “intend,” “plan,” “aim,” “estimate,” “anticipate” or different comparable phrases. These forward-looking statements are primarily based on Investview’s present beliefs and assumptions and data at the moment accessible to Investview and contain recognized and unknown dangers, uncertainties and different components which can trigger the precise outcomes, efficiency, or achievements of the corporate to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by these forward-looking statements. Extra data on potential components that would have an effect on Investview’s monetary outcomes is included now and again in Investview’s public stories filed with the U.S. Securities and Alternate Fee (the “SEC”), together with the Firm’s Annual Report on Kind 10-Ok, Quarterly Experiences on Kind 10-Q, and Present Experiences on Kind 8-Ok. The forward-looking statements made on this launch communicate solely as of the date of this launch, and Investview, Inc. (“INVU”) assumes no obligation to replace any such forward-looking statements to mirror precise outcomes or modifications in expectations, besides as in any other case required by legislation.

Investor Relations Contact: Ralph Valvano Telephone Quantity: 732.889.4300 Electronic mail: [email protected]

Copyright 2022 GlobeNewswire, Inc.


Source link


Leave a Reply