other material
confidence high
sentiment positive
materiality 0.65
Investview opens ASIC miner repair center in Texas; targets 200+ miners/day capacity
Investview, Inc.
- New SAFETek facility in Conroe, TX operational May 14, 2021; can repair 200+ ASIC miners per day.
- Facility spans 20,000 sq ft (10k under roof, 10k external) on 1.75 acres, can run/test 100+ miners simultaneously.
- Expected to increase mining efficiency/uptime by up to 30%; immediately accretive to revenue, EPS, and FCF in Q2 fiscal '22.
- Supports repair of Bitmain, Innosilicon, Canaan, Whatsminer machines; addresses shortage of US/North America repair services.
- CEO projects significant ROI and benefits from demand for ASIC miners and repair services through 2030.