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      What Caused The ISWH Stock To Rise 28% Last Session? - Stocks Telegraph

      By ST Staff

      Published on

      July 1, 2021

      1:13 PM UTC

      What Caused The ISWH Stock To Rise 28% Last Session? - Stocks Telegraph

      As of yesterday’s close, shares of ISW Holdings Inc (OTCPink: ISWH) were up 28.28% to $0.4700. There were 2.02 million shares traded in ISW Holdings stock compared to 724.29K average weekly shares. ISWH stock gained after the company provided hashrate data and revenue expectations.

      What has ISWH shared?

      Nevada-based ISW Holdings is a diversified portfolio company that serves consumer product demands with essential business lines. With its proprietary procurement process, ISWH can develop strategic brand identities, facilitate early growth, and facilitate team management. The ISWH seeks to work with its partners to build a scalable platform that meets the needs of large markets.

      Various strategic innovative methods make ISWH capable of meeting these needs. Brands are created and managed by ISWH across a range of disruptive industries. By guiding its proprietary companies through critical stages of market development, such as conceptualization, go-to-market strategies, engineering, and production integration, ISWH is able to optimize distribution and product quality.

      ISW Holdings together with Bit5ive, LLC (“Bit5ive”) recently provided an update about the Company’s growing operations as it expands and optimizes its cryptocurrencies mining capacity.

      • With a current market capitalization of $25 million, ISWH has been growing expertise in cryptocurrency, and telehealth allows it to acquire assets in these sectors, launch them, host them, and operate them.
      • Partnering with Bit5ive has enabled ISWH to create an advanced POD5 mining infrastructure as well as the capacity to expand its mining operations.
      • Over the coming months, ISWH plans to expand and optimize its offerings in this domain.
      • Currently, ISWH is utilizing energy resources to operate its mining equipment in Kennerdell, Pennsylvania.
      • With a Bitmain Antminer s17 fleet that is already online and working, ISWH is expected to generate $484,000 in monthly revenue – or over $5.8 million annually – through the upgrade to 72,000 T/s of its hashrate.
      • ISWH should experience a reduction in proportional direct mining costs as it continues to increase its hashrate.
      • As a result, ISWH continues to rely on Bit5ive to deliver expertise and support to translate its investment in this process into growing value for ISWH members.
      • With Bit5ive, the largest provider of collective management services and mining equipment in North America, ISWH has developed a turnkey solution to provide cost-efficient and reliable hosting, distribution of mining equipment, and installation and management of mining pools.

      Other mining teams to be explored by ISWH:

      ISW Holdings (ISWH) and Bit5ive are also exploring new opportunities to expand through acquisitions and possible partnerships. ISWH will have the privilege of meeting many other mining teams, projects, and companies associated with crypto in Miami’s Mining Disrupt and Expo Conference scheduled for July 20-21.

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