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Vortex Brands Co. Acquires MicroStrategy Stock as Strategic Asset

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Vortex Brands Co. (OTC: VTXB), a Bitcoin mining company, has announced the acquisition of MicroStrategy (MSTR) stock as part of a new corporate strategy. The company has initially purchased 10 MSTR shares and plans to add at least that many shares monthly, with quarterly reporting of holdings. This move aligns with Vortex Brands' positive outlook on Bitcoin and belief in hard assets, including certain digital assets, as preferred investments in the current economic environment.

CEO Todd Higley stated that this strategy allows Vortex to leverage MicroStrategy's arbitrage approach between public markets and Bitcoin value. The company also plans to announce a new division in the coming weeks to generate additional revenue streams while optimizing their Bitcoin mining efficiency.

Vortex Brands Co. (OTC: VTXB), una compagnia di mining di Bitcoin, ha annunciato l'acquisizione di azioni MicroStrategy (MSTR) come parte di una nuova strategia aziendale. L'azienda ha inizialmente acquistato 10 azioni MSTR e prevede di aggiungere almeno lo stesso numero di azioni mensilmente, con una reportistica trimestrale delle partecipazioni. Questa mossa è in linea con l'ottimismo di Vortex Brands riguardo a Bitcoin e la convinzione che i beni reali, compresi alcuni beni digitali, siano investimenti preferibili nell'attuale contesto economico.

Il CEO Todd Higley ha dichiarato che questa strategia consente a Vortex di sfruttare l'approccio di arbitraggio di MicroStrategy tra i mercati pubblici e il valore del Bitcoin. L'azienda prevede anche di annunciare una nuova divisione nelle prossime settimane per generare flussi di entrate aggiuntivi ottimizzando nel contempo l'efficienza del mining di Bitcoin.

Vortex Brands Co. (OTC: VTXB), una empresa de minería de Bitcoin, ha anunciado la adquisición de acciones de MicroStrategy (MSTR) como parte de una nueva estrategia corporativa. La empresa ha comprado inicialmente 10 acciones de MSTR y planea añadir al menos la misma cantidad de acciones mensualmente, con informes trimestrales sobre las participaciones. Este movimiento está en línea con la perspectiva positiva de Vortex Brands sobre Bitcoin y la creencia en activos reales, incluyendo ciertos activos digitales, como inversiones preferidas en el actual entorno económico.

El CEO Todd Higley declaró que esta estrategia permite a Vortex aprovechar el enfoque de arbitraje de MicroStrategy entre los mercados públicos y el valor de Bitcoin. La empresa también planea anunciar una nueva división en las próximas semanas para generar flujos de ingresos adicionales mientras optimiza la eficiencia de su minería de Bitcoin.

Vortex Brands Co. (OTC: VTXB)는 비트코인 채굴 회사로서 새로운 기업 전략의 일환으로 MicroStrategy (MSTR) 주식 인수를 발표했습니다. 이 회사는 처음에 10개의 MSTR 주식을 구매했으며 매달 최소한 그 수의 주식을 추가할 계획이며, 보유 주식에 대한 분기 보고를 진행할 예정입니다. 이 움직임은 Vortex Brands가 비트코인에 대해 긍정적인 전망을 가지고 있으며, 현 경제 환경에서 특정 디지털 자산을 포함한 실물 자산이 선호되는 투자라고 믿고 있음을 반영합니다.

CEO인 Todd Higley는 이 전략이 Vortex가 공적 시장과 비트코인 가치 간의 차익 거래 접근 방식을 활용할 수 있도록 해준다고 언급했습니다. 또한 이 회사는 비트코인 채굴 효율성을 최적화하면서 추가 수익원을 생성하기 위해 몇 주 안에 새로운 부서를 발표할 계획입니다.

Vortex Brands Co. (OTC: VTXB), une entreprise de minage de Bitcoin, a annoncé l'acquisition d'actions MicroStrategy (MSTR) dans le cadre d'une nouvelle stratégie d'entreprise. L'entreprise a initialement acheté 10 actions MSTR et prévoit d'ajouter au moins le même nombre d'actions chaque mois, avec un reporting trimestriel des avoirs. Ce mouvement s'inscrit dans la perspective positive de Vortex Brands sur Bitcoin et la croyance que les actifs tangibles, y compris certains actifs numériques, sont des investissements préférés dans le contexte économique actuel.

Le PDG Todd Higley a déclaré que cette stratégie permet à Vortex de tirer parti de l'approche d'arbitrage de MicroStrategy entre les marchés publics et la valeur du Bitcoin. L'entreprise prévoit également d'annoncer une nouvelle division dans les semaines à venir pour générer de nouvelles sources de revenus tout en optimisant son efficacité de minage de Bitcoin.

Vortex Brands Co. (OTC: VTXB), ein Unternehmen im Bereich Bitcoin-Mining, hat die Akquisition von MicroStrategy (MSTR)-Aktien als Teil einer neuen Unternehmensstrategie angekündigt. Das Unternehmen hat zunächst 10 MSTR-Aktien gekauft und plant, monatlich mindestens so viele Aktien hinzuzufügen, mit vierteljährlicher Berichterstattung über die Bestände. Dieser Schritt entspricht der positiven Einschätzung von Vortex Brands zu Bitcoin und dem Glauben, dass Sachwerte, einschließlich bestimmter digitaler Vermögenswerte, im aktuellen wirtschaftlichen Umfeld bevorzugte Investitionen sind.

CEO Todd Higley erklärte, dass diese Strategie es Vortex ermöglicht, die Arbitrage-Ansätze von MicroStrategy zwischen den öffentlichen Märkten und dem Wert von Bitcoin zu nutzen. Das Unternehmen plant ebenfalls, in den kommenden Wochen eine neue Abteilung anzukündigen, die zusätzliche Einnahmequellen generieren und gleichzeitig die Effizienz des Bitcoin-Minings optimieren soll.

Positive
  • Acquisition of MicroStrategy stock as a strategic asset
  • Plan to add at least 10 MSTR shares monthly
  • Alignment with positive Bitcoin outlook
  • Upcoming announcement of a new division for additional revenue streams
  • Ongoing optimization of Bitcoin mining efficiency
Negative
  • Initial purchase to only 10 shares of MSTR

DENVER, Aug. 28, 2024 /PRNewswire/ -- Vortex Brands Co. (OTC: VTXB), a Bitcoin mining company with expertise in renewable energy and cutting-edge technologies, has begun acquiring MicroStrategy (MSTR) stock as part of a new corporate strategy.

"Adding MicroStrategy stock to our balance sheet allows us to leverage the arbitrage strategy MicroStrategy employs between the corporate public markets and the value of Bitcoin," said Vortex Brands CEO, Todd Higley.

The initial purchase of 10 shares of MSTR is just the beginning, with the company planning to add at least that many shares monthly and report holdings quarterly.

"This move aligns with our positive outlook for Bitcoin and our belief in hard assets, including certain digital assets, as the preferred investment and business activity in today's post-low-inflation environment," added Mr. Higley.

To understand our thought process of adding MicroStrategy stock to our balance sheet and their advocacy for bitcoin, their "Bitcoin for Corporations" initiative features insights from industry leaders on integrating Bitcoin into business strategies: https://www.microstrategy.com/bitcoin/bitcoin-for-corporations

You can also hear their Chairman's participation from a Bitcoin conference here: https://youtu.be/S3T4nhtHxOA?si=roL7JBVyt2yfU2Wa

Vortex Brands also plans to announce a new division in the coming weeks that will generate additional revenue streams while they continue to optimize their Bitcoin mining efficiency to accumulate more Bitcoin.

About Vortex Brands Co.:

Vortex Brands Co. (OTC: VTXB) is a public company dedicated to developing and deploying innovative technologies, including Bitcoin mining, with a focus on renewable energy and financial technology. The company aims to drive sustainable growth and deliver long-term value to its shareholders through strategic investments and business expansion.

Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those implied by such statements.

 

Cision View original content:https://www.prnewswire.com/news-releases/vortex-brands-co-acquires-microstrategy-stock-as-strategic-asset-302232437.html

SOURCE Vortex Brands Co.

FAQ

What is Vortex Brands Co.'s (VTXB) new corporate strategy involving MicroStrategy stock?

Vortex Brands Co. (VTXB) has begun acquiring MicroStrategy (MSTR) stock as a strategic asset, initially purchasing 10 shares with plans to add at least that many shares monthly and report holdings quarterly.

Why is Vortex Brands Co. (VTXB) investing in MicroStrategy stock?

VTXB is investing in MicroStrategy stock to leverage the arbitrage strategy between corporate public markets and Bitcoin value, aligning with their positive outlook on Bitcoin and belief in hard assets as preferred investments.

What are Vortex Brands Co.'s (VTXB) future plans mentioned in the press release?

VTXB plans to announce a new division in the coming weeks that will generate additional revenue streams while continuing to optimize their Bitcoin mining efficiency to accumulate more Bitcoin.

How often will Vortex Brands Co. (VTXB) report its MicroStrategy stock holdings?

Vortex Brands Co. (VTXB) plans to report its MicroStrategy stock holdings on a quarterly basis.

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