RANCHO CORDOVA, CA - October 23, 2025 (NEWMEDIAWIRE) - iMD Companies, Inc. (OTC: ICBU) is thrilled to announce the finalization of a pioneering venture into cloud-based cryptocurrency mining, with a focus on Bitcoin (BTC), through a strategic partnership with a premier cloud mining platform. This innovative “mining as a service” approach removes the barriers of costly hardware and technical expertise, enabling iMD to thrive in Bitcoin’s competitive mining landscape while capitalizing on the expanding cryptocurrency market.
iMD’s Cloud Mining Strategy
iMD is securing agreements with a top-tier cloud mining provider to mine Bitcoin, which operates on the SHA-256 algorithm within its Proof-of-Work (PoW) framework. By utilizing the provider’s cutting-edge Application-Specific Integrated Circuits (ASICs) - engineered for superior hash rates and energy efficiency - which offers scalable, accessible mining solutions without the need to own or manage hardware. This initiative aligns with iMD’s commitment to advancing blockchain technology and delivering value to stakeholders.
Cloud Mining Benefits for iMD
Cost Efficiency: Eliminates upfront costs of ASICs (e.g., $10,000+ for models like the Antminer S21) and operational expenses, such as electricity.
Scalability: Enables iMD to flexibly adjust hash power contracts based on market dynamics, unlike fixed hardware investments.
Accessibility: Allows iMD to provide mining services to investors and clients without requiring technical expertise or infrastructure management.
“We are proud to lead the way in blockchain innovation with our cloud mining venture, which opens Bitcoin mining to a broader audience. This partnership allows us to deliver a cost-effective, scalable solution that strengthens our position in the cryptocurrency market and drives value for our stakeholders,” said Rick Wilson, CEO of iMD Companies, Inc.
For more details on iMD’s cloud mining strategy and other corporate initiatives, visit imdcompaniesinc.com or review filings on OTC Markets. Follow iMD for real-time updates:
- Twitter: twitter.com/imd_inc
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About iMD Companies, Inc.
iMD Companies, Inc. (OTC: ICBU) is a Florida-based holding company dedicated to acquisitions and technology development in healthcare and blockchain sectors. With a mission to drive innovation, iMD leverages its team’s expertise to create a dynamic presence in high-growth markets, delivering sustained value to stakeholders.
Safe Harbor Statement
This press release contains forward-looking statements based on management’s current expectations, pursuant to the Private Securities Litigation Reform Act of 1995, as amended. Terms such as “expects,” “anticipates,” and “plans” indicate forward-looking statements, which are subject to risks and uncertainties that may cause actual results to differ materially. iMD Companies, Inc. is not obligated to update these statements after this release.
Contact: iMD Companies, Inc.
Email: info@imdcompaniesinc.com
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