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, schooling instruments, content material, analysis, and administration of digital asset applied sciences with a concentrate on Bitcoin mining and the brand new era of digital property, broadcasts 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 December
- Gross Revenue of $1.3 million, up 37% 12 months-Over-12 months 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
In December 2021, SAFETek bought 96 new Bitmain T19 Bitcoin miners, that are at present being shipped and will likely be absolutely deployed by mid-January, 2022. Administration has additionally authorized 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 enhance SAFETek’s hashrate by roughly 28 Petahash. The older mining server programs will likely 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 side 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 worth 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 ultimate testing on its first cell Bitcoin mining information middle trailer. The cell information middle 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 present accepting orders for its cell information middle trailers.
Be aware: The numbers included on this launch are preliminary anticipated outcomes and are un-audited and will differ from numbers reported in our SEC filings as a consequence of compliance with US GAAP and are topic to ultimate overview by the Firm’s impartial auditors. Remaining audited monetary statements will be present in our annual SEC Type 10-Okay filings.
About Investview, Inc.
Investview, Inc. is a diversified monetary expertise and world distributor group that operates by means of its subsidiaries to offer monetary schooling instruments, content material, analysis, and administration of digital asset expertise that mines cryptocurrencies, with a concentrate on Bitcoin mining and the following era of digital property. Investview – driving decentralization of schooling and finance by means of a dedication to blockchain expertise. For extra data on Investview and its household of wholly owned subsidiaries, please go to: www.investview.com.
All statements on this launch that aren’t primarily based 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 primarily based on sure assumptions and describe our future plans, methods, and expectations, can usually be recognized by means of forward-looking phrases similar to “imagine,” “anticipate,” “could,” “ought to,” “may,” “search,” “intend,” “plan,” “objective,” “estimate,” “anticipate” or different comparable phrases. These forward-looking statements are primarily based on Investview’s present beliefs and assumptions and knowledge at present accessible to Investview and contain identified and unknown dangers, uncertainties and different elements 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 elements 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 Studies on Type 10-Q, and Present Studies 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 adjustments in expectations, besides as in any other case required by regulation.
Contact: Ralph Valvano
Cellphone Quantity: 732.889.4300