#Bitcoin News -Integrated Ventures (OTCQB: $INTV) Restarts Purchasing Mining Equipment from Bitmain Technologies as Bitcoin Prepares To Reach $9,000 Level @IntVentures

#Bitcoin News -Integrated Ventures (OTCQB: $INTV) Restarts Purchasing Mining Equipment from Bitmain Technologies as Bitcoin Prepares To Reach $9,000 Level @IntVentures

Huntingdon Valley, PA -  May 30, 2019 – (Investorideas.com Newswire) Integrated Ventures Inc, (OTCQB: INTV) (“Company”) is pleased to announce an execution of multiple purchase orders of mining equipment with Bitmain Technologies.  

An initial purchase order of 40 units (Antminer S9J) was funded on 05/24/2019. Additional orders are ready to be funded upon confirmation from manufacturer, in regards of equipment being available for sale.

In next 30 days, the Company plans to purchase an additional 250 units from Bitmain Technologies, pending confirmation from manufacturer, in regards of equipment being available.

Read this in full at https://www.investorideas.com/news/2019/cryptocurrency/05301OTCQBINTV-BitmainTechnologies.asp

The Company has decided to restart purchasing of mining equipment due to:

• decrease in power and general operating costs
• improved profitability of mining equipment
• steady recovery of the cryptocurrency markets  
• positive legal and compliance environment
• increase in the business activity by major financial institutions

Steve Rubakh, CEO of Integrated Ventures, adds: “Due to the recent strength in crypto markets, the Company has initiated equipment purchases from Bitmain Technologies. Initial order was for 40 units, mainly due to the volume limitations placed by the manufacturer. The Company intends to purchase mining equipment, on bi-weekly basis, using existing cash flow. We believe that current shareholders will be very pleased with status of our progress at NY facility. Moving forward, the Company is very confident of further revenue and profitability growth and potential for the business expansion opportunities going forward”.

About Integrated Ventures Inc: The Company operates as Technology Holdings Company with focus on cryptocurrency sector. For more information, please visit company's website at www.integratedventuresinc.com.

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