- Cryptocurrencies are rapidly growing mainstream as key financial players appear ready to enter the sector
- Investors increasingly seek exposure to cryptocurrency space, but sector depends on efficient mining capacities
- ISWH ready to respond to growing market needs, partners with mining leaders to deliver top-notch solution
ISW Holdings (OTC: ISWH), a global brand-management holdings company focused on telehealth and cryptocurrency mining, appears poised to capitalize on the rapidly expanding cryptocurrency industry. The bitcoin technology market has been flourishing as cryptocurrencies continue to gain broader acceptance. Mordor Intelligence, a market research firm, valued the bitcoin tech market at more than $293.66 million in 2019, expecting it to reach $477 million by 2025 (https://nnw.fm/u9VNM).
Rapidly gaining traction as acceptance of both the general and professional public grows, the sector has attracted attention from investors looking to capitalize on this burgeoning market. Once deemed an alternative, this asset is quickly moving into the mainstream.
The most recent example is the investment giant JP Morgan, previously a vocal opponent to the cryptocurrency assets. The investment bank has made a radical change, embarking on the cryptocurrency journey to respond to investors’ swelling appetite for cryptocurrency exposure. According to SEC filing, the investment heavyweight has been developing a financial product based on a basket of referenced stocks of companies that own cryptocurrency or operate businesses linked to it (https://nnw.fm/ZrRcF).
There is no doubt that cryptocurrency is moving rapidly from investment fringes into the mainstream. To grow further, the industry relies heavily on mining hardware, which is why the sector is likely to become increasingly attractive. As a holding company committed to discovering and investing in industries that exhibit robust growth potential, ISW Holdings was quick to move into the cryptocurrency sector. Laser-focused on expanding its position in the cryptocurrency mining space, the company appears poised to capitalize on the sector’s momentum.
To fully seize the emerging market opportunities, the company is committed to carefully selecting partners and teaming up with relevant players to deliver solutions that can effectively close the observed market gap. ISWH’s endeavor into the crypto-mining space was no exception. In May 2020, ISW Holdings entered into a joint venture partnership with Bit5ive to build and deliver a powerful and efficient data center pod design.
Less than a year later, its revolutionary Pod5 Cryptocurrency Mining Pod was launched at the Bit5ive renewable energy cryptocurrency mining facility in Pennsylvania. Bit5ive is a company that is quickly transforming into the largest cryptocurrency mining and bitcoin farm company in the United States. Although there are many cryptocurrency mining data centers and bitcoin farms, this provider is different. Unlike traditional cloud-mining companies, where customers lease hash rate on annual contracts, Bit5ive allows ISW Holdings to own the hardware and pay monthly fees, covering costs such as electricity network, support, insurance and warranty (https://nnw.fm/ZL7W0).
The partnership allowed ISW Holdings to design, assemble and ship its Pod5ive turnkey mining solution, which the company calls one of the most efficient data center pods in the world. The solution offers a plug-and-play technology that requires virtually no maintenance as it runs operations on a self-managed basis. Although one of the most powerful data center pods globally, it provides an industry best-in-class power usage effectiveness score.
The cryptocurrency space seems to be exploding, with evidence mounting that it will continue to snowball in the time to come. The industry depends on miners and their high-performing but also cost-effective mining hardware. As a diversified portfolio company focused on essential business lines, ISW Holdings seeks to collaborate with those partners that can meet large scalability demands and effectively respond to current and anticipated marketplace needs. To deliver the most effective impact in the cryptocurrency space, the company appears adamant to move quickly and join forces with the key providers in the space.
For more information, visit the company’s website at www.ISWHoldings.com.
NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://nnw.fm/ISWH
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
[email protected]
NetworkNewsWire is part of the InvestorBrandNetwork.
