Investors understand that, for a variety of reasons, volatility is part-and-parcel to investing in cryptocurrencies. For Bitcoin, the most popular of all digital currencies, a finite supply and the nascency of the market are key contributors to volatility that can test a small-retail investor’s resolve. The reality is that volatility is not a bad thing—in fact, it is rather instrumental in the making of any market. A month ago, Bitcoin was setting a new record high at $68,978, leading a cryptocurrency market that topped $3 trillion in valuation for the first time. Against that backdrop, companies continue to invest and innovate, looking for ways to mine more Bitcoin and widen margins, whether it be through scale, technology or other means. ISW Holdings Inc. (OTC: ISWH) (Profile) is actively engaged in expansion of both its segments, as the company emerges as one of the largest mining and hosting providers in the North America digital currency space. Broadly speaking, there has been no shortfall of positive developments in the cryptocurrency sector, where companies such as Marathon Digital Holdings Inc. (NASDAQ: MARA), CleanSpark Inc. (NASDAQ: CLSK), Riot Blockchain Inc. (NASDAQ: RIOT) and Bitfarms Ltd. (NASDAQ: BITF) continue to lead the charge.
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