- Industry article notes that cryptocurrency mining space is big-growth industry
- Joint venture allows ISWH to collaborate with experienced Bit5ive team
- Company plans to run profitable, efficient crypto-mining projects; take advantage of incredible growth projected for crypto market
In a world where some of today’s fastest-growing industries weren’t even around a few years ago, ISW Holdings (OTC: ISWH), a brand-management portfolio company with diverse partnerships, appears to know exactly where to focus its efforts. At least that’s what a recent Journal Transcript article is reporting.
“New industries are appearing everywhere as the 21st century starts to stretch its legs. Maybe we don’t have flying cars yet. But we do have big-growth industries that didn’t exist at all 20 years ago. Autonomous vehicle AI sensors, Internet-of-Things Logistics, recreational cannabis dispensary, genetic engineering data analytics, and cryptocurrency mining equipment are a few examples,” stated the article, titled “ISW Holdings Targets the Crypto Mining Cycle” (http://ibn.fm/FJ9ns).
The article goes on to report that ISWH is entering the crypto mining space via a recent joint venture partnership with Bit5ive LLC; the two companies plan to develop, run and sell turnkey mining solutions.
“The turnkey crypto mining solutions revolution is upon us,” the article concludes. “And it couldn’t come at a more interesting time for this emerging industry — when the overall mining equipment space is looking more and more like it stands in the very early innings of a long-term growth cycle driving by product cycles, depleted supplies in secondary markets, under-revved production rates, and rapidly growing demand. It may well be the case that ISW Holdings Inc got into this game at precisely the right time.”
In fact, the bitcoin technology market, valued at $293.66 million in 2019, is expected to reach $477 million by 2025, according to Mordor Intelligence (http://ibn.fm/q4WJg). “We are incredibly excited to expand our current portfolio and move into what we believe is a sector poised for strong technological and financial growth,” said ISWH president and chairman Alonzo Pierce. “This new joint-venture agreement enables us to collaborate with the experienced team at Bit5ive to innovate the infrastructure needed to run profitable, efficient crypto-mining projects, and to take advantage of the incredible growth projected for the crypto market.”
Based in Nevada, ISW Holdings is a diversified portfolio company comprised of essential business lines that serve consumer product demands. The company’s expertise lies in strategic brand development and early-growth facilitation, as well as brand identity through its proprietary procurement process. Together with its partners, ISWH seeks to provide a structure that meets large scalability demands as well as anticipated marketplace needs. ISWH maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration and distribution efficiency.
For more information, visit the company’s website at www.ISWHoldings.com.
NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://ibn.fm/ISWH