ISW Holdings (OTC: ISWH), a Nevada-based portfolio company with primary commercial-stage operations in cryptocurrency mining, recently secured $8 million in funding from California-based RB Capital Partners Inc. “In addition to the actual funding, conditions of the funding stipulate that any capital acquired through the arrangement will be used for further development, including the infrastructure necessary to strengthen and expand cryptocurrency mining operations at ISWH’s new mining facility in Georgia, including the assembly and outfitting of additional POD5 mining pods. The funds can also be used for value-adding strategic investments, such as technology, resources and personnel capable of maximizing the efficiency of ISWH’s operations,” reads a recent article. The piece quotes Alonzo Pierce, ISW Holdings president and chairman, as saying, “ISW Holdings has built a model with robust growth potential, and we’re excited that RB Capital has seen around that corner and was willing to provide growth-friendly terms on an important piece of the financial foundation necessary to actualize that potential. Given the timing of our agreement in Georgia and recent geopolitical shifts in the global cryptocurrency mining landscape, we are positioned very well at this point, and we look forward to a number of significant developments over coming weeks.”
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About ISW/BlockQuarry Corp.
ISW/BlockQuarry is quickly becoming one of the largest mining and hosting providers in the digital currency space in North America, as it seeks to transform the financial markets of the future. The company’s complement of cutting-edge technologies has enhanced the bitcoin/cryptocurrency ecosystem, enabling its customers to take advantage of real-time cost savings. At the same time, its customers can feel confident that their digital transactions and assets are entirely secure. The company utilizes a scalable blockchain infrastructure to convert unique identifiable assets (“UIAs”) into interchangeable digital assets such as bitcoin and other fungible digital assets. ISW/BlockQuarry offers immediate liquidity in the form of fast, confidential transactions, as well as the issuance of assets in the traditional capital markets.
NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://ibn.fm/ISWH
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