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Metavesco Enhances Bitcoin Mining Operations

In a strategic move aimed at boosting its cryptocurrency mining capabilities, Metavesco, Inc., a versatile holding company involved in both digital assets and traditional sectors, recently announced the acquisition of state-of-the-art Bitmain Antminer S21+ miners. This upgrade is designed to propel the company’s total mining hashrate past 29,500 TH/s (29.5 PH/s), marking a roughly 9% increase in their mining power.

CEO Ryan Schadel commented on this expansion, expressing confidence that each new purchase contributes significantly to their Bitcoin treasury. He remarked, “With every addition to our mining fleet, we are not just increasing our hashrate; we are enhancing our ability to generate more Bitcoin, which in turn opens up further avenues for growth and innovation within the Metavesco ecosystem.”

The enhancements come at a pivotal moment as Bitcoin experiences unprecedented price surges, pushing the market to new heights. Schadel emphasized the company’s commitment to scaling operations in a disciplined manner, ensuring that their infrastructure evolves to meet the growing demand in the cryptocurrency space.

As part of a holistic modernization strategy, Metavesco continues to prioritize the acquisition of next-generation miners while simultaneously phasing out older equipment. The addition of the Antminer S21+ miners significantly boosts overall efficiency and profitability. “Our timing couldn’t be better with Bitcoin reaching record highs,” Schadel added, noting that they are building a lean and powerful mining operation that is structured to yield compounded returns across market cycles.

Metavesco's strategic decisions are not merely reactive; they reflect a forward-thinking approach to cryptocurrency mining. By focusing on the most efficient miners available, the company aims to ensure long-term profitability while creating substantial value for its shareholders. This reflects a broader trend within the industry where the importance of operational efficiency is paramount as competition intensifies.

About Metavesco, Inc.

Metavesco is a diversified holding company engaged in the acquisition and management of assets spanning various sectors, including consumer goods and staffing services. The company is steadfast in its commitment to sustainable growth through a mix of organic expansion, strategic acquisitions, and innovative solutions tailored to meet market demands.

As the cryptocurrency landscape continues to evolve, companies like Metavesco are positioning themselves at the forefront of this digital revolution through strategic investments and operational enhancements. Their recent expansion within the Bitcoin mining sector highlights their ambition to not only keep pace with market advancements but to lead the charge towards a decentralized finance future.

Safe Harbor Statement: This information contains forward-looking statements regarding Metavesco's growth strategies and operational plans. Such statements involve inherent risks and uncertainties, and investors are encouraged to refer to detailed disclosures on the company's official filings at otcmarkets.com.