ISW Holdings Corporate Update: Ticker Change, More POD5 Unit The Company is pleased to update current and prospective shareholders on its recently approved name and symbol change, as well as progress at its Southeast United States cryptocurrency hosting and mining facility.
On Tuesday, March 1, FINRA approved the Company’s corporate name change from ISW Holdings Inc. (OTC: ISWH) to BlockQuarry Corp., with a new ticker symbol (OTC: BLQC).
Alonzo Pierce, President and Chair of BlockQuarry Corp., said, “Our name and ticker symbol change with FINRA is just the beginning. The next steps for the Company, as far as exchanges go, would be an up-listing.
“We look forward to working with both regulators and auditors to make it happen. An up-listing could mean great exposure for the Company and great value added for our current shareholders.”
On February 22, BlockQuarry announced it had begun actively mining for our hosting partner.
The Company, in partnership with Bit5ive, LLC (“Bit5ive”), and Bitmain Technologies Ltd. (“BITMAIN”), powered up the first eight (8) POD5 units of its twenty (20) unit Phase-1 buildout at its Gaffney, SC site.
Each POD5 unit contains 280 mining rigs and are now actively mining Bitcoin.
Additionally, as of today, March 10, four (4) more POD5 units have been installed, bringing the total current total of powered up units to twelve (12).
The remaining eight (8) POD5 units of the Phase-1 buildout are expected to be powered up and mining Bitcoin by the end of March 2022, at which point 5,600 mining rigs will be online.
Once the full Phase-1 buildout is powered up, the Company expects to begin the Phase-2-10 buildouts in and around Gaffney, bringing a total of 56,000 mining rigs online.
The Company will update investors and prospective investors on all material events as they occur. The Company advises investors and prospective investors to visit its website, BlockQuarry.io, for additional information.
https://www.globenewswire.com/news-release/2022/03/10/2400887/0/en/ISW-Holdings-Corporate-Update-Ticker-Change-More-POD5-Units-Online.html