Eatontown, NJ, Jan. 07, 2022 (GLOBE NEWSWIRE) — Investview, Inc. (OTCQB: INVU), a diversified monetary expertise firm that by means of its subsidiaries and international distribution community gives monetary expertise, 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 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% Yr-Over-Yr DecemberGross Revenue of $1.3 million, up 37% Yr-Over-Yr 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
In December 2021, SAFETek bought 96 new Bitmain T19 Bitcoin miners, that are at the moment being shipped and might be absolutely deployed by mid-January, 2022. Administration has additionally authorized a plan to buy 229 further new Bitcoin mining servers within the first quarter of 2022. These new mining servers are getting used to exchange older and fewer environment friendly mining server methods and can enhance SAFETek’s hashrate by roughly 28 Petahash. The older mining server methods might 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 together 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 worth of those machines. At the moment, SAFETek has roughly 3,000 Bitcoin miners which might 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 methods can have a optimistic affect on SAFETek’s monetary outcomes.
In January 2022, SAFETek will full remaining testing on its first cell Bitcoin mining information heart trailer. The cell information heart 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 information heart trailers.
Notice: 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 remaining assessment by the Firm’s impartial 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 international 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 deal with Bitcoin mining and the following era of digital property. 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.
All statements on this launch that aren’t based mostly on historic truth 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 typically be recognized by means of forward-looking phrases corresponding to “consider,” “count on,” “could,” “ought to,” “might,” “search,” “intend,” “plan,” “purpose,” “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 accessible 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 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 every so often in Investview’s public experiences filed with the U.S. Securities and Alternate Fee (the “SEC”), together with the Firm’s Annual Report on Kind 10-Ok, Quarterly Studies on Kind 10-Q, and Present Studies 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 replicate precise outcomes or adjustments 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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