Curated News
By: NewsRamp Editorial Staff
July 30, 2025
Metavesco Boosts Bitcoin Mining Capacity with New Antminer S21+ Units
TLDR
- Metavesco's acquisition of Bitmain Antminer S21+ 235TH units boosts its Bitcoin mining capacity by 11.5%, offering a competitive edge in producing Bitcoin at a lower cost than market price.
- Metavesco expands its Bitcoin mining fleet with Bitmain Antminer S21+ 235TH units, increasing total hashrate by 3,000 TH/s and maintaining production costs at approximately $55,000 per Bitcoin.
- By enhancing its Bitcoin mining capabilities, Metavesco contributes to the digital economy's growth, fostering innovation and financial infrastructure development for a more interconnected world.
- Metavesco's strategic expansion into Bitcoin mining with high-efficiency Bitmain S21+ miners showcases the evolving landscape of digital asset accumulation and blockchain technology's potential.
Impact - Why it Matters
This news is significant for investors and stakeholders in the cryptocurrency sector as it highlights Metavesco's aggressive expansion in Bitcoin mining, leveraging high-efficiency hardware to produce Bitcoin at a lower cost than the market price. This strategic move not only enhances the company's mining capabilities but also positions it favorably in the competitive cryptocurrency mining industry, promising potential growth and profitability. For those interested in the intersection of technology and finance, Metavesco's dual-asset strategy offers a glimpse into innovative approaches to digital asset management and investment.
Summary
Metavesco, Inc., a diversified holding company, has announced a significant expansion of its Bitcoin mining operations by acquiring new Bitmain Antminer S21+ 235TH units. This move is set to increase the company's total hashrate by approximately 3,000 TH/s, marking an 11.5% boost in fleet-wide capacity. The new hardware is currently producing Bitcoin at a cost of $55,000 per coin, significantly below the market price, which stands near $120K. Ryan Schadel, President and CEO of Metavesco, emphasized the strategic importance of this expansion, highlighting the company's dual-asset digital treasury strategy that includes both Bitcoin and Ethereum to maximize shareholder value and ensure capital efficiency.
The expansion underscores Metavesco's commitment to strengthening its position in the cryptocurrency mining sector, aiming for institutional miner status and access to more profitable mining pools. The company's approach focuses on acquiring high-conviction digital assets through mining and strategic purchases, aiming for long-term growth with minimal shareholder dilution. This development is part of Metavesco's broader strategy to diversify its holdings across various sectors, including consumer packaged goods and staffing services, while leveraging innovative market solutions for sustained expansion.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Metavesco Boosts Bitcoin Mining Capacity with New Antminer S21+ Units
