NetworkNewsBreaks – ISW Holdings Inc. (ISWH) Exceeds Milestones to Trigger Bonus $1.7M in Bitmain Miners
ISW Holdings (OTC: ISWH) (transitioning to “BlockQuarry,” pending name change), a Nevada-based portfolio company with primary commercial-stage operations in cryptocurrency mining, today announced that it has surpassed agreed-upon milestones related to the performance of its common stock price. The company will, therefore, receive an additional 150 Bitmain S19 95TH/s miners from Minerset, a Delaware LLC, due to negotiated milestone clauses included in the asset purchase agreement reached between the two companies in August. According to the update, the company leveraged its shares of Preferred B stock to purchase its initial tranche of 400 miners. As a part of the contract, ISW…