Metavesco Continues Bitcoin Mining Expansion With High-Efficiency Bitmain S21+ Miners, Boosting Hashrate by 11.5%
The S21+ 235 models are currently producing new bitcoin at a cost of $55,000 per coin. Installation of the new units will being this week.
'Every new miner is a brick in the fortress we're building,' said Ryan Schadel, President and CEO of Metavesco. 'With spot Bitcoin still near all-time highs, these new S21+ units allow us to produce fresh Bitcoin at a massive discount to market, compounding value to the balance sheet with every block. Once these new units are online, we will be firmly in the institutional miner category and will have access to larger, more profitable mining pools.'
Fleet Expansion Highlights
Stacking Smarter: A Dual-Asset Treasury Strategy
The mining expansion builds on Metavesco's recently announced Ethereum position, forming a dual-asset digital treasury strategy that prioritizes long-term shareholder value, capital efficiency, and non-dilutive growth.
'We view Bitcoin as our digital gold and Ethereum as the infrastructure layer of global finance,' said Schadel. 'Our strategy is simple: acquire high-conviction digital assets, either by mining or opportunistic buys and do it in a way that builds balance-sheet strength with minimum dilution to shareholders.'
About Metavesco, Inc.
Metavesco is a diversified holding company focused on acquiring and managing assets across multiple sectors, including consumer packaged goods and staffing services. The company is dedicated to long-term growth through organic expansion, strategic acquisitions and innovative market solutions.
Safe Harbor Statement
This press release contains statements that constitute forward-looking statements. These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. The words 'may', 'would', 'will', 'expect', 'estimate', 'can', 'believe', 'potential', and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is included in the Company's filings on otcmarkets.com.
CONTACT:
Ryan Schadel
678-341-5898
[email protected]
View the original release on www.newmediawire.com
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