Metavesco Continues Bitcoin Mining Fleet Expansion as Bitcoin Hits New All-Time High
Rhea-AI Summary
Metavesco (OTC: MVCO) announced on Oct 6, 2025 the addition of Bitmain Antminer S21+ 225 TH/s miners to its Bitcoin mining fleet.
According to the press release, the purchase raises Metavesco's total hashrate to over 29,500 TH/s (29.5 PH/s), an increase of roughly 9% in total mining power. The company stated the S21+ models improve fleet efficiency and form part of a planned fleet modernization that includes retiring and selling older units. Management framed the move as strengthening Metavesco's Bitcoin treasury and long‑term shareholder value amid Bitcoin's new all‑time high.
Positive
- Hashrate +9% to >29,500 TH/s (29.5 PH/s)
- Added Bitmain Antminer S21+ 225 TH/s units for fleet upgrade
- Fleet modernization plan includes retiring and selling older units
- Efficiency gain from S21+ models (company-stated)
Negative
- None.
News Market Reaction
On the day this news was published, MVCO gained 14.29%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
"We're steadily scaling our mining operations with a disciplined approach," said Ryan Schadel, CEO of Metavesco. "Every purchase strengthens our Bitcoin treasury flywheel, more hashrate means more Bitcoin, and more Bitcoin means more optionality for growth and innovation across the Metavesco ecosystem."
The company continues to selectively acquire next-generation miners when attractive deals are available, while preparing to retire and sell older units as part of its ongoing fleet modernization plan. The addition of the S21+ 225 TH/s models, among the most efficient miners available today, significantly enhances Metavesco's overall efficiency and long-term profitability potential.
"With Bitcoin reaching new record highs, our timing couldn't be better," added Schadel. "We're building a lean, powerful mining operation designed to compound returns through every cycle, creating real, lasting value for Metavesco shareholders."
About Metavesco, Inc.
Metavesco is a diversified holding company focused on acquiring and managing assets across multiple sectors, including consumer packaged goods and staffing services. The company is dedicated to long-term growth through organic expansion, strategic acquisitions and innovative market solutions.
Safe Harbor Statement
This press release contains statements that constitute forward-looking statements. These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. The words "may", "would", "will", "expect", "estimate", "can", "believe", "potential", and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is included in the Company's filings on otcmarkets.com.
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SOURCE Metavesco, Inc.