Eatontown, NJ, Aug 05, 2021 (GLOBE NEWSWIRE) – Investview, Inc. (OTCQB: INVU), a diversified financial technology company that, through its subsidiaries and global distribution network, provides financial technology, educational tools, content, research and management of digital asset technologies with a focus on Bitcoin mining and the new generation of digital assets, announces its production of Bitcoin (“BTC”) and its holdings of assets for July 2021, and an operations update.
July 2021 BTC production and digital holdings
Gross revenue of $ 2.8 million, up 250% year on year in July Gross profit of $ 2.2 million, up 633% year on year in July Gross profit margin of 79% Bitcoin mined over period 15 months ending July 2021, 1,003.08 BTCA as of July 31, 2021, Investview holds over 122.75 BTCA as of July 31, 2021, Investview holds over 153,789.31 NDAU
Operations Update: Hash Rate Growth Plan
In July 2021, SAFETek expanded its fleet of Bitcoin miners with the purchase of 1,200 Bitmain T17 + Antminers. The expansion of SAFETek’s mining fleet is expected to be fully rolled out by mid-September 2021. This will bring SAFETek’s existing bitcoin mining fleet to around 10,000 miners. As a result, SAFETek’s hash capacity would need to increase by 22% or 70 petahash per second (PH / s) to achieve a total hash rate of nearly 400 PH / s.
Note: Figures included in this release are initial expected results and are unaudited and may differ from figures shown in our documents with the SEC due to compliance with US GAAP and are subject to final review. by the independent auditors of the company. The final audited financial statements can be found in our annual SEC Form 10-K documents.
About Investview, Inc.
Investview, Inc. is a diverse financial technology and global distribution organization that operates through its subsidiaries to provide financial education tools, content, research and digital asset technology management that operates cryptocurrencies, with a focus on Bitcoin mining and the next generation of digital assets. Investview – fostering the decentralization of education and finance through a commitment to blockchain technology. For more information on Investview and its family of wholly owned subsidiaries, please visit: www.investview.com.
All statements in this press 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”, “can”, “should”, “Could”, “seek,” “intend”, “plan”, “objective”, “estimate”, “anticipate” or other comparable terms. These forward-looking statements are based on current beliefs and assumptions of Investview and information currently available to Investview and involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievement to occur. ns of the company are materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Further information about potential factors that could affect Investview’s financial results is included from time to time in Investview’s public reports filed with the United States 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 press release speak only as of the date of this press release, and Investview, Inc. (“INVU”) assumes no obligation to update these forward-looking statements to reflect actual results or changes in expectations, except as required by law.
Investor Relations Contact: Arthur Rome Telephone: 732.889.4308 E-mail: email@example.com
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