ISW Holdings (OTC: ISWH) (transitioning to “BlockQuarry,” pending name change), a Nevada-based portfolio company with primary commercial-stage operations in cryptocurrency mining, today provided an update to its current and prospective shareholders as the company moves toward several key milestones. These include a corporate name and trading symbol change, maximizing mining performance in Pennsylvania, as well as further cancellations of outstanding convertible debt pursuant to the company’s shareholder-friendly initiative announced in fall 2020. “As we see our mining efficiency begin to approach optimum levels for our current capacity, we are making strides toward rebranding our stock to better reflect what we are building here,” said Alonzo Pierce, president and chairman of ISW Holdings. “When we began this pivot last year through our partnership with Bit5ive, we had tremendous conviction in the future role that cryptocurrency would play in the world. At the time, Bitcoin was trading under $10,000. It is now five times that level, with strong future growth potential as the dominoes of institutional and mainstream acceptance continue to tip in our favor. This backdrop has also allowed us to make good on our pledge to systematically eliminate dilution risk along the way.”
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About ISW/BlockQuarry Corp.
ISW/BlockQuarry is quickly becoming one of the largest mining and hosting providers in the digital currency space in North America as it seeks to transform the financial markets of the future. The company’s complement of cutting-edge technologies has enhanced the bitcoin/cryptocurrency ecosystem, enabling its customers to take advantage of real-time cost savings. At the same time, its customers can feel confident that their digital transactions and assets are entirely secure. The company utilizes a scalable blockchain infrastructure to convert unique identifiable assets (“UIAs”) into interchangeable digital assets such as Bitcoin and other fungible digital assets. ISW/BlockQuarry offers immediate liquidity in the form of fast, confidential transactions, as well as the issuance of assets in the traditional capital markets.
NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://nnw.fm/ISWH
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