Investview (“INVU”) Reviews New Document $2.77 Million Month

, Investview (“INVU”) Reviews New Document $2.77 Million Month


A strategic relocation of Investview’s largest mining operation to a more cost effective area with long-term, low value and sustainable energy charges is projected to considerably cut back mining value and additional develop gross margins.

Eatontown, NJ, Feb. 02, 2021 (GLOBE NEWSWIRE) — Investview, Inc. (OTCQB: INVU), a diversified monetary expertise firm that by way of its subsidiaries and world distribution community supplies monetary expertise, schooling instruments, content material, analysis and administration of digital asset applied sciences with a concentrate on Bitcoin mining and the brand new technology of digital property, expects to report that its SAFETek subsidiary has reached a brand new all-time-high month-to-month income and revenue margin for a 3rd month in a row.

SAFETek elevated its Bitcoin Mining Income by an estimated 47.3% going from roughly $1.88 million in December 2020 to roughly $2.77 million in January 2021.

SAFETek additionally elevated its Revenue Margin by an estimated 70.7% going from roughly $1.06 million in December 2020 to roughly $1.81 million in January 2021.

SAFETek produced roughly 80 Bitcoin in January averaging roughly 2.58 BTC per day. This progress was made potential by way of INVU’s ongoing strategic investments in cryptocurrency mining {hardware}, software program & enhanced IT operations, and was additional bolstered by important Bitcoin value will increase which appreciated by over 41% in January to a excessive of simply over $40,000 and a sustained common month-to-month worth of simply over $34,000 per Bitcoin.

Investview’s EVP of Crypto Operations Rob Walther commented, “We’re happy to announce that for the third month in a row INVU’s strategic choices to additional enhance/optimize our mining tools and IT operations has allowed us to generate one other document month of income and revenue. This previous month of January represents a brand new milestone for SAFETek with income progress of 47.3% to $2.77 million and income increasing by practically 70.7% to $1.81 million.”

Rob added, “As well as, INVU is worked up to announce the relocation of our largest mining operation to a brand new facility with long-term, low value and sustainable energy & internet hosting charges. This resolution is the end result of many months of analysis, investigation and planning to scale back our long-term value of operation and to facilitate higher re-funding into property that can proceed to develop our mining income. This transfer is deliberate to start in early February and be full by March 31, 2021.

Notice: The numbers included on this launch are preliminary anticipated outcomes and are un-audited and might differ from numbers reported in our SEC filings on account of compliance with US GAAP, and topic to ultimate evaluate by the Firm’s impartial auditors.

“The wind down and transfer of our largest mining facility to a more cost effective area is an efficient transfer for our firm and can considerably cut back our general value of operations, anticipated to be as a lot as 25% or $4+ million on an annualized foundation, which permits us to constantly enhance our capital construction by way of the pay-off of long-term debt related to our enterprise progress and facility relocation plan,” stated Joe Cammarata, CEO of Investview.

Along with the corporate’s new constant-cost vitality sustainability mining and manufacturing facility, Investview additionally maintains a constant-cost manufacturing mining operation in Colorado.

About Investview, Inc.

Investview, Inc. is a diversified monetary expertise and world distributor group that operates by way of its subsidiaries to supply monetary schooling instruments, content material, analysis, and administration of digital asset expertise that mines cryptocurrencies, with a concentrate on Bitcoin mining and the technology of digital property. For extra info on Investview and its household of wholly owned subsidiaries, please go to:

Ahead-Wanting Statements

All statements on this launch that aren’t based mostly on historic truth are “forward-looking statements” inside the which means of Part 27A of the Securities Act of 1933 and Part 21E of the Securities Change 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 comparable to “consider,” “anticipate,” “might,” “ought to,” “may,” “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 knowledge presently 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 info on potential components that might have an effect on Investview’s monetary outcomes is included on occasion in Investview’s public reviews filed with the U.S. Securities and Change 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 converse 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: Mario Romano
Cellphone Quantity: 732.889.4308
Electronic mail: [email protected]

, Investview (“INVU”) Reviews New Document $2.77 Million Month


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