Vortex Brands Co (OTCMKTS: VTXB) is on the move northbound since reversing off $0.0002 52-week lows as sub penny stocks heat up across the board. The move up comes as the Company announced a cash dividend from its #Bitcoin mining operations on Twitter. Vortex continues to scale up its mining operations consistently each month as it is now able to focus all of its resources on building and expanding its bitcoin mining operation. 

VTXB has made a number of impressive runs on the bulletin boards over the past few years including a move to over $0.06 during the summer of 2021 and another move to $0.05 in early 2022.  Vortex continues to purchase more equipment, ramping up its mining operations. The Company’s CEO Todd Higley believes now is the perfect time to ramp up mining capabilities citing several variables in the Company’s favor including low prices of mining equipment and the rising price of bitcoin. We will be updating on VTXB when more details emerge so make sure you are subscribed to newsytrends.com by entering your email below.

Vortex Brands Co (OTCMKTS: VTXB) operating out of Sacramento, California is a Bitcoin mining company launched by Todd Higley in 2022 that possesses impressive mining potential. The company has launched a campaign to increase the amount of Bitcoin mining equipment it has every month. 

The Company has purchased and maintains ASIC (application-specific integrated circuit) computers – computers that are specifically designed for cryptocurrency mining – that will be used for Bitcoin Mining. We place the Bitcoin Mining equipment with 3rd party datacenters or farms (often referred as a “Co-Location”) that power and operate its Bitcoin Mining equipment for a fee. Vortex generates revenues through receiving Bitcoin from its Bitcoin Mining equipment. A link to the company’s wallet can be found below that shows all transactions related to the company’s mining operation. Currently the Company has 1 bitcoin in its wallet worth $28,000. 

In January Vortex purchased three new Antminer S19j Pro miners which will come online in the next few weeks at a hosting facility in Texas. This acquisition expands the company’s bitcoin mining operation up to 2,200 TH/s. Management anticipates continuing to scale up mining operations consistently each month as it is now able to focus all of its resources solely on building and expanding the Company’s bitcoin mining operation.  

$VTXB added 0003.

A cash dividend was submitted to Finra!
ONLY 600M float. Can be a massive runner. https://t.co/I6RP2xTcHA

— Penny Whale (@WhalePenny) March 23, 2023

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We have updated our logo with our focus now being solely on #bitcoinmining $VTXB #BTC pic.twitter.com/VHuVTgFbIi

— Vortex Brands (OTC: VTXB) (@Vortexbrands) February 10, 2023

The Company continues to expand its Bitcoin Mining operations recently acquiring an additional 5 S19j Pro (100th). Vortex launched its coin mining in September 2022. Since that time, the Company has continued to expand its bitcoin mining operations and began executing on its dividend policy of 15% of the net proceeds generated from the bitcoin mining operations.  

On February 27 VTXB announced an ongoing growth and investment campaign to increase its Bitcoin mining power every month for the foreseeable future. By purchasing additional mining equipment, the company aims to increase the Bitcoin rewards earned, which is expected to increase in value as market conditions improve. 

Todd Higley, CEO of Vortex, said, “We believe that now is the perfect time to ramp up our mining capabilities. Several variables are in our favor – the price of mining equipment is relatively low after a few years of sky-high prices, markets appear to be regaining momentum, and the SEC has made staking enemy number one – potentially good news for Bitcoin. We are excited to build on the amazing platform we have already established – it will be an adventure.” 

$VTXB The highest volume of all time today.
1/3 of the float was traded already.

As we see the other trip stock waking up : $DLOC $BDPT

Watching for continuation here as well. 👀 https://t.co/ssx9uyGnmC pic.twitter.com/p7s5XIzVW0

— Penny Whale (@WhalePenny) March 23, 2023

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Currently moving northbound since reversing off $0.0002 lows VTXB os is 762,750,000 as of March 22, 2023. Pink current, the Company has only $500k in liabilities and some assets and revenues. The stock is on the move northbound since reversing off $0.0002 52-week lows as sub penny stocks heat up across the board. The move up comes as the Company announced a cash dividend from its #Bitcoin mining operations on Twitter. VTXB like many sub penny stocks has a significant investor base and shareholder following. VTXB has made a number of impressive runs on the bulletin boards over the past few years including a move to over $0.06 during the summer of 2021 and another move to $0.05 in early 2022. We will be updating on VTXB when more details emerge so make sure you are subscribed to newsytrends.com by entering your email below.

Disclosure: we hold no position in VTXB either long or short and we have not been compensated for this article.