ISW Holdings Inc (OTCMKTS:ISWH) Stock Extends Rally: Soars 95% in a Week

Cryptocurrency mining related companies have come back into favour among investors yet again after the recent rally in the cryptocurrency space and one of the stocks that could be worth tracking this week is that of ISW Holdings Inc (OTCMKTS:ISWH).

The stock has made a massive move over the past few days and the situation remained the same as the stock soared by as much as 26% following heavy interest. The rally took the gains made by the ISW Holdings stock over the past week to a staggering 93%. The Nevada based company is primarily involved in cryptocurrency mining operations which are already at a commercial stage.

Earlier on in the week, ISW Holdings provided an update with regards to its recent deal with Bitmain Technologies. Bitmain is the global leader in cryptocurrency mining hardware and is regarded as one of the major players in the cryptocurrency mining industry.

It was announced by ISW Holdings that as part of the deal as many as 56,000 cryptocurrency mining rigs from Bitmain are going to be deployed by the company at its Georgia location. That was a major announcement considering the fact that the company’s capacities are going to improve drastically.