ISW Holdings (OTC: ISWH), a global brand management holdings company, is in the process of converting $20,000 of its cash holdings into Bitcoin; the transaction should be complete this week. This is the most recent in a series of quarterly transactions the company has conducted as it converts a percentage of its cash flow into Bitcoin. ISWH’s initial transaction in the conversion took place in March 2019. In May 2020, ISWH formed a joint venture partnership with Bit5ive LLC (“Bit5ive”) with the intent to build and deliver a powerful, efficient data center pod design. The two companies together created the Proceso S19 Pod5ive Datacenter, which is designed for use in the cryptocurrency mining industry. It is anticipated that the company’s first mining pod will launch operationally by the end of this month. “We believe in the future of Bitcoin and digital payment systems, and cash represents an unproductive asset given the degree of monetary expansion, stimulus, and debt dragging down traditional currency systems,” said ISW Holdings president and chairman Alonzo Pierce in the press release. “We are also on schedule to launch mining operations through our S19 Pod5 solution at the Bit5ive renewable energy project by the end of January.”
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About ISW Holdings Inc.
ISW Holdings, based in Nevada, is a diversified portfolio company comprised of essential business lines that serve consumer product demands. The company’s expertise lies in strategic brand development, early growth facilitation, as well as brand identity through its proprietary procurement process. Together with its partners, ISW Holdings seeks to provide a structure that meets large scalability demands, as well as anticipated marketplace needs. The company is able to meet these needs through a variety of strategic innovative processes. ISWH is creating and managing brands across a spectrum of disruptive industries. It maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration and distribution efficiency. The company has also partnered with a well-known software development and consulting company, Bengala Technologies LLC, which is developing significant enhancements in the supply chain management space, and the partnership has a vitally needed patent now pending. For more information about the company, please visit www.ISWHoldings.com.
NOTE TO INVESTORS: The latest news and updates relating to ISWH are available in the company’s newsroom at http://ccw.fm/ISWH
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