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Eatontown, NJ, Jan. 07, 2022 (GLOBE NEWSWIRE) — Investview, Inc. (OTCQB: INVU), a diversified monetary expertise firm that by means of its subsidiaries and world distribution community gives monetary expertise, training 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 belongings, 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% Yr-Over-Yr December
- Gross Revenue of $1.3 million, up 37% Yr-Over-Yr December
- Gross Revenue Margin of 72%
- Bitcoin Mined over 20 months interval ending December 2021, 1,236.41 BTC
- As of December 31, 2021, Investview holds over 17.63 BTC
- As 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 can be totally 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 switch older and fewer environment friendly mining server techniques and can enhance SAFETek’s hashrate by roughly 28 Petahash. The older mining server techniques can be shipped to SAFETek’s miner restore facility in Texas the place they are going to be totally refurbished and made obtainable on the market or for redeployment.
Over the previous few years, the worth of the refurbished Bitcoin miners has elevated together with the rise within the worth of Bitcoin. In December, SAFETek commenced promoting a portion of the refurbished mining servers for almost double the unique buy value of those machines. At the moment, SAFETek has roughly 3,000 Bitcoin miners which are 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 techniques can have a constructive impression on SAFETek’s monetary outcomes.
In January 2022, SAFETek will full ultimate testing on its first cell Bitcoin mining knowledge middle trailer. The cell knowledge middle trailer on wheels is 53 ft lengthy, has house for 768 new era mining servers and a capability of two.75 megawatts. SAFETek is at the moment accepting orders for its cell knowledge middle trailers.
Notice: The numbers included on this launch are preliminary anticipated outcomes and are un-audited and should differ from numbers reported in our SEC filings as a result of compliance with US GAAP and are topic to ultimate assessment by the Firm’s unbiased auditors. Ultimate audited monetary statements will be present in our annual SEC Kind 10-Ok filings.
About Investview, Inc.
Investview, Inc. is a diversified monetary expertise and world distributor group that operates by means of its subsidiaries to supply monetary training instruments, content material, analysis, and administration of digital asset expertise that mines cryptocurrencies, with a give attention to Bitcoin mining and the following era of digital belongings. Investview – driving decentralization of training and finance by means of a dedication to blockchain expertise. For extra info on Investview and its household of wholly owned subsidiaries, please go to: www.investview.com.
Ahead-Wanting Statements
All statements on this launch that aren’t based mostly on historic truth are “forward-looking statements” throughout the that 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 based mostly on sure assumptions and describe our future plans, methods, and expectations, can usually be recognized by means of forward-looking phrases corresponding to “imagine,” “anticipate,” “could,” “ought to,” “might,” “search,” “intend,” “plan,” “objective,” “estimate,” “anticipate” or different comparable phrases. These forward-looking statements are based mostly on Investview’s present beliefs and assumptions and data at the moment obtainable 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 completely different from any future outcomes, efficiency or achievements expressed or implied by these forward-looking statements. Extra info on potential components that would have an effect on Investview’s monetary outcomes is included every now and then in Investview’s public reviews filed with the U.S. Securities and Alternate Fee (the “SEC”), together with the Firm’s Annual Report on Kind 10-Ok, Quarterly Reviews on Kind 10-Q, and Present Reviews 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
E-mail: [email protected]
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