Investview (“INVU”) Reports $2.70 Million Month in Bitcoin Mining Gross Revenue & Announces Operations Updates for May
Investview, Inc. (OTCQB: INVU) reported outstanding financial results for May 2021, reflecting significant growth in its Bitcoin mining operations. The company achieved a gross revenue of $2.70 million, marking a substantial 749.7% increase year-over-year. Its gross profit soared to $2.03 million, a remarkable 918.9% rise compared to the same period last year, yielding a gross profit margin of 75.13%. Over the past 13 months, Investview mined 863.8 BTC and holds over 139.5 BTC as of May 31, 2021.
- Gross revenue increased by 749.7% year-over-year to $2.70 million.
- Gross profit rose by 918.9% year-over-year to $2.03 million.
- Gross profit margin stands at 75.13%.
- A total of 863.8 BTC mined over the 13 months leading to May 2021.
- Currently holding over 139.5 BTC.
- The reported figures are unaudited and subject to change upon final review.
Eatontown, NJ, June 08, 2021 (GLOBE NEWSWIRE) -- Investview, Inc. (OTCQB: INVU), a diversified financial technology company that through its subsidiaries and global distribution network provides financial technology, education tools, content, research, and management of digital asset technologies with a focus on Bitcoin mining and the new generation of digital assets, announces its May production and operational updates, including its unaudited Bitcoin (“BTC“) production for May 2021.
May 2021 Production and Operations Updates
- Gross Revenue of
$2.70 million , up749.7% Year-Over-Year May - Gross Profit of
$2.03 million , up918.9% Year-Over-Year May - Gross Profit Margin of
75.13% - Bitcoin Mined over 13 months period ending May 2021, 863.8 Bitcoin
- As of May 31, 2021, Investview holds over 139.5 BTC
Note: The numbers included in this release are initial estimated results and are un-audited and may differ from numbers reported in our SEC filings due to compliance with US GAAP, and subject to final review by the Company’s independent auditors.
About Investview, Inc.
Investview, Inc. is a diversified financial technology and global distributor organization that operates through its subsidiaries to provide financial education tools, content, research, and management of digital asset technology that mines cryptocurrencies, with a focus on Bitcoin mining and the next generation of digital assets. Investview marries the latest innovations in technology to drive global FINTECH solutions.
For more information on Investview and its family of wholly owned subsidiaries, please visit: www.investview.com.
Forward-Looking Statements
All statements in this release that are not based on historical fact are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies, and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may,” “should," "could," "seek," "intend," "plan," "goal," "estimate," "anticipate" or other comparable terms. These forward-looking statements are based on Investview’s current beliefs and assumptions and information currently available to Investview and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. More information on potential factors that could affect Investview’s financial results is included from time to time in Investview’s public reports filed with the U.S. Securities and Exchange Commission (the “SEC”), including the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. The forward-looking statements made in this release speak only as of the date of this release, and Investview, Inc. (“INVU”) assumes no obligation to update any such forward-looking statements to reflect actual results or changes in expectations, except as otherwise required by law.
Investor Relations
Contact: Arthur Rome
Phone Number: 732.889.4308
Email: pr@investview.com
FAQ
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