GregFolin

$ISWH Ramps Higher on Bitcoin & Telehealth Performance

OTC:ISWH   None
ISWH shares have been running in overdrive, with a technical breakout partly in reaction to the company's advanced progress in launching its High-PUE bitcoin mining pod operations (in partnership with Bit5ive LLC) and partly in response to its record earnings preannouncement for calendar Q4 2020, which represented its seventh straight quarter of sequential growth, driven by its emerging Telehealth and Home Healthcare segment.

ISWH has a partnership with Bit5ive, LLC, an official distribution partner of Bitmain, the industry-leading fabless manufacturer of computing chips and distributor of Antminers to more than 30 countries in Latin America, Central America, and the Caribbean.

In addition, Bit5ive is the producer and distributor of POD5 and Power Skid 2.5, the most efficient and successful infrastructure for crypto mining hardware. Bit5ive is quickly becoming one of the largest U.S.-based companies in the cryptocurrency mining and bitcoin farm industry.

ISWH has designed, assembled, and shipped its “Pod5ive turnkey mining solution” under the brand, Proceso. The Proceso Pod5ive crypto mining pod is described by the company as one of “… the single most elegant, powerful, and efficient data center pods in the world".

ISWH has also been converting its cash into bitcoin starting back in March 2019, when Bitcoin was trading at just $4k/coin. It just made its latest move in this process last week when it converted another $20k into BTC.

It should also be mentioned that ISWH has put together a series of shareholder friendly moves on the corporate side, including the elimination of $702,000 in convertible debt, a reduction of outstanding shares by nearly 15%, and a reduction in authorized shares to just 60 million.

In other words, ISWH has tightened up the cap table and the balance sheet, hit its stride in terms of commercial performance in its Telehealth and Home Healthcare segment, and set up a coming full launch of Bitcoin mining operations and equipment production during a massive breakout in the Bitcoin space.

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