Investors bid up shares of Investview (OTCMKTS:INVU) Thursday on news that it expects to report that Investview’s SAFETek subsidiary has reached a new all-time-high monthly revenue and profit margin for the month of March, 2021
Highlights include SAFETek increased its Bitcoin Mining Revenue to a new all-time high of $3.1M in March, which is an estimated 32.5% increase from the $2.34M of Gross Revenue generated in February. In addition SAFETek also reduced the overall cost of its mining operation by moving approximately 71% of its mining servers to a new lower fixed-cost mining location. This move resulted in SAFETek increasing its Gross Profit Margin by an estimated 11 percentage points to 77% between January 2021 and March 2021.
Investview Inc. (OTCMKTS:INVU) as of 1:09 4/1/21was trading at .451 up .0423 or about 10%. Important pivot points to watch are .48185 and .5565 to the upside and .3737 and .3387 to the downside. Volume was 14,338,712 slightly below its 5 day average but well above its 15, 20 and 30 day volume averages.