The crypto mining space has come back into focus once again in recent times and anyone who is interested in stocks in that niche might consider taking a look at the ISW Holdings Inc (OTCMKTS:ISWH) stock.
The portfolio company which is based out of Nevada is primarily involved in operations in the cryptocurrency mining industry and in recent days, its stock has enjoyed a strong rally. It was in sharp focus on Wednesday as well and delivered gains of as much as 15.50% to its investors for the day. However, more importantly, the stock has surged by as much as 135% over the past month.
While it is true that there has been no news about the company in recent days, it could be a good time for investors to take look at a development related to ISW Holdings from back on September 22 this year. The company provided a detailed update with regards to its mining operations at the time and noted that its mining operations were in full swing in Pennsylvania. In addition to that, the mining operations were also on the verge of hitting the full capacity with regards to hash rate. That was a key announcement and was possibly the main reasons for the sustained rally in ISW Holdings.
