Curated News
By: NewsRamp Editorial Staff
July 18, 2025
Metavesco Boosts Bitcoin Mining Efficiency with New Antminer S21+ Units
TLDR
- Metavesco, Inc. gains a competitive edge by producing Bitcoin at $55K, significantly below the $118K market price, enhancing shareholder value without dilution.
- Metavesco, Inc. increases its Bitcoin mining capacity to 26 PH/s with new Bitmain Antminer S21+ units, achieving a production cost of ~$55,000 per Bitcoin.
- Metavesco's efficient Bitcoin mining contributes to the broader adoption of cryptocurrency as a corporate reserve asset, supporting financial innovation and stability.
- Metavesco's new mining setup can generate approximately 1 Bitcoin every 80 days, showcasing the potential of strategic investments in cryptocurrency mining.
Impact - Why it Matters
This news is significant as it highlights the competitive edge Metavesco gains in the Bitcoin mining industry through technological advancements and cost efficiency. For investors and the broader market, it showcases the potential for companies to leverage Bitcoin mining as a means to enhance shareholder value without dilution. Additionally, it reflects the growing acceptance of Bitcoin as a corporate reserve asset, signaling a shift in how businesses view and utilize digital currencies in their financial strategies.
Summary
Metavesco, Inc., a publicly traded diversified holding company, has significantly enhanced its Bitcoin mining capabilities by installing new Bitmain Antminer S21+ units, boosting its hashing capacity to approximately 26 petahash per second. This strategic move allows the company to produce Bitcoin at an all-in mining cost of around $55,000 per Bitcoin, a substantial discount compared to the current spot price of $118K. Ryan Schadel, President & CEO of Metavesco, highlighted the company's ability to strengthen its balance sheet without diluting shareholder value, emphasizing the efficiency and cost-effectiveness of their mining operations. The upgrade not only increases Metavesco's hash-power by 30% but also positions it among the elite in the mining sector with ultra-low production costs. With the ability to add approximately 1 BTC every 80 days, Metavesco is leveraging the growing trend of corporate Bitcoin treasuries, joining over 250 organizations that recognize Bitcoin as a viable reserve asset.
The announcement underscores Metavesco's commitment to innovation and strategic growth in the competitive Bitcoin mining industry. By capitalizing on the efficiency of the new Antminer S21+ units, the company is set to enhance its financial position and shareholder value, demonstrating the potential of Bitcoin mining as a profitable and sustainable business model. This development is a testament to the evolving landscape of corporate finance, where digital assets like Bitcoin are increasingly integrated into long-term investment strategies.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Metavesco Boosts Bitcoin Mining Efficiency with New Antminer S21+ Units
