Welcome to our dedicated page for ISWH news (Ticker: ISWH), a resource for investors and traders seeking the latest updates and insights on ISWH stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ISWH's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ISWH's position in the market.
BlockQuarry Corp (OTC: BLQC) has announced its name and ticker symbol change from ISW Holdings Inc. to enhance visibility in the market. This change, approved by FINRA on March 1, aims to facilitate a potential up-listing, promising greater exposure and value for shareholders. The company is progressing with its cryptocurrency mining operations in Gaffney, SC, having activated 12 of 20 POD5 units, which collectively host 3,360 mining rigs. Full buildout could enable 56,000 mining rigs. Investors can stay updated through the company's website.
BlockQuarry Corp., formerly known as ISW Holdings Inc., has officially changed its ticker symbol from ISWH to BLQC on the OTC Pink market as of March 2, 2022. The company's rebranding aligns with its focus on the cryptocurrency mining industry. The name change became effective on August 2, 2021. BlockQuarry operates a cryptocurrency mining facility in South Carolina and provides home healthcare management services. The company aims to enhance shareholder value as it transitions into this new phase.
ISW Holdings (OTC: ISWH) has launched live Bitcoin mining and hosting operations for its 200 MW project, powered by partnerships with Bit5ive and Bitmain Technologies. Initial deployment includes eight POD5 units with 280 mining rigs actively mining Bitcoin. The first phase is expected to generate nearly $9 million in annualized revenue. The company plans to expand operations to 200 POD5 units by January 2023. This development marks a key milestone for ISW Holdings as it enhances its position in the cryptocurrency mining sector.
ISW Holdings Inc. (OTC: ISWH) announced a significant editorial placement by NetworkNewsWire, enhancing its visibility. In Q3, the company reported impressive revenue of $1.075 million, a 2,435% increase year-over-year. This surge is attributed in part to 550 new miners acquired, with expectations of exceeding $7 million in monthly revenue once operations reach full capacity. Total assets grew by 5,263% year-to-date to $9.56 million, while liabilities saw a substantial decrease.
ISW Holdings Inc. (OTC: ISWH) has announced a broadcast titled, “Bitcoin Volatility Makes Market, Creates Growth Opportunities.” The company is focused on addressing energy consumption challenges in cryptocurrency mining, which collectively uses around 91 terawatt-hours of electricity annually, exceeding Finland's total consumption. ISW is transitioning to BlockQuarry, featuring its Pod City complex aimed at pairing 200 MW of power with 56,000 mining rigs. This facility will also serve as a hosting service for clients interested in cryptocurrency mining.
ISW Holdings Inc. (OTC: ISWH) is highlighted in an editorial by NetworkNewsWire, focusing on Bitcoin's volatility and market growth opportunities. With Bitcoin recently hitting a record high of $68,978 and contributing to a $3 trillion cryptocurrency market, ISWH aims to expand as a major mining and hosting provider in North America. The company, based in Nevada, is involved in brand development and supply chain innovations through partnerships, including one with Bengala Technologies LLC, which has a patent pending.
ISW Holdings, transitioning to BlockQuarry, reports strong year-end performance in cryptocurrency mining, exceeding revenue expectations. The Southeastern U.S. project is set to go live, with 20 MW of power deployed despite earlier delays. Future expansion may increase capacity to 500 MW, closely tied to an S-1 filing for a planned Nasdaq uplisting. With a vertically integrated operation, ISW maintains a fleet of 56,840 crypto mining computers. The company also continues its established Telecare services.
ISW Holdings (OTC: ISWH) reported remarkable financial results for the three and nine months ended Sept. 30, 2021. Total revenues surged by 2,435% year-over-year to $1.075 million, while net cash increased over 3,100% to $2.8 million. Total assets soared by 5,263% to $9.56 million, and total liabilities plummeted by 73%. The company also reported significant milestones in its cryptocurrency mining operations, including the acquisition of additional mining rigs valued at approximately $1.7 million. CEO Alonzo Pierce heralded the quarter as a landmark, indicating the company is in a strong position heading into Q4.
ISW Holdings, transitioning to BlockQuarry, announced significant progress on its Southeastern U.S. project, nearing completion of the first phase, which pairs 56,000 mining rigs with 200 MW of power. The company has successfully built out the infrastructure for deploying 20 MW of power for cryptocurrency mining Pods. Despite supply chain challenges, manufacturing has been expedited. With the first tranche of Pods set for delivery, ISW Holdings aims to enhance its position as a leading mining provider in North America and plans further site developments starting early 2022.
ISW Holdings, Inc. has successfully activated a bonus clause from its August agreement with Minerset, adding 150 Bitmain S19 miners to its fleet. This follows the performance of ISW's stock, surpassing agreed-upon milestones. The company had previously received 400 miners as part of the initial deal. The current stock price is at $3.44, having reached a 52-week high of $3.78. The acquisition of these miners is positioned to enhance profitability and support plans for a NASDAQ listing.
