Metavesco Enhances Bitcoin Mining Capabilities with New Antminer S21+ Units

July 18th, 2025 12:01 PM
By: Newsworthy Staff

Metavesco, Inc. has significantly increased its Bitcoin mining efficiency and reduced production costs by deploying new Bitmain Antminer S21+ units, positioning the company for stronger financial performance without shareholder dilution.

Metavesco Enhances Bitcoin Mining Capabilities with New Antminer S21+ Units

Metavesco, Inc. (OTC: MVCO) has announced the acceleration of its Bitcoin Treasury Plan through the installation of new Bitmain Antminer S21+ units, each with a capacity of 235 TH/s. This upgrade boosts the company's total hashing power to approximately 26 petahash per second (PH/s), enabling an estimated daily Bitcoin production of 0.0124 BTC at an all-in mining cost of around $55,000 per Bitcoin. This cost represents a more than 50% discount compared to the current spot price of Bitcoin, which is near $118,000.

Ryan Schadel, President & CEO of Metavesco, highlighted the strategic advantage of this move, stating that the company is able to produce Bitcoin at half the market cost, thereby enhancing long-term shareholder value without the need for dilution. The new mining setup is expected to add approximately 1 BTC to the company's treasury every 80 days, further solidifying its financial position.

The upgrade marks a 30% increase in hash-power over the company's previous mining fleet, placing Metavesco among the elite group of companies with over 25 PH/s of mining capacity. With a production cost significantly below the Q2-2025 industry median of over $70,000, Metavesco is positioned for competitive advantage in the Bitcoin mining sector.

The move comes at a time when over 250 public and private organizations have recognized Bitcoin as a viable corporate reserve asset, with companies like MicroStrategy amassing over 600,000 BTC. Metavesco's strategic investment in Bitcoin mining infrastructure underscores the growing acceptance of cryptocurrency as a key component of corporate treasury strategies.

Source Statement

This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,

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