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

Eatontown, NJ, Feb. 02, 2021 (GLOBE NEWSWIRE) — Investview, Inc. (OTCQB: INVU), a diversified monetary know-how firm that via its subsidiaries and international distribution community gives monetary know-how, training instruments, content material, analysis and administration of digital asset applied sciences with a deal with Bitcoin mining and the brand new era of digital belongings, 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 attainable via 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 selections to additional improve/optimize our mining tools and IT operations has allowed us to generate one other report 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 earnings 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 price and sustainable energy & internet hosting charges. This resolution is the end result of many months of analysis, investigation and planning to cut back our long-term price of operation and to facilitate larger re-funding into belongings that can proceed to develop our mining earnings. 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 could differ from numbers reported in our SEC filings resulting from compliance with US GAAP, and topic to closing overview by the Firm’s impartial auditors.

“The wind down and transfer of our largest mining facility to a cheaper area is an efficient transfer for our firm and can considerably scale back our total price of operations, anticipated to be as a lot as 25% or $4+ million on an annualized foundation, which permits us to repeatedly enhance our capital construction via 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 power 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 know-how and international distributor group that operates via its subsidiaries to supply monetary training instruments, content material, analysis, and administration of digital asset know-how that mines cryptocurrencies, with a deal with Bitcoin mining and the era of digital belongings. For extra data on Investview and its household of wholly owned subsidiaries, please go to: www.investview.com.

Ahead-Trying Statements

All statements on this launch that aren’t based mostly on historic reality are “forward-looking statements” throughout 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 based mostly on sure assumptions and describe our future plans, methods, and expectations, can usually be recognized by means of forward-looking phrases reminiscent of “consider,” “count on,” “could,” “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 data at the moment obtainable to Investview and contain identified 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 data on potential components that would have an effect on Investview’s monetary outcomes is included once in a while in Investview’s public experiences filed with the U.S. Securities and Alternate Fee (the “SEC”), together with the Firm’s Annual Report on Type 10-Okay, Quarterly Reviews on Type 10-Q, and Present Reviews on Type 8-Okay. 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: Mario Romano
Telephone Quantity: 732.889.4308
E-mail: [email protected]