ISW Holdings stock gains nearly 280% in September; Bitmain rigs arrive next month

Crypto miner ISW Holdings (OTCPK:ISWH +10.3%) stock is trading just under its all-time high of $3.60/share, erasing the end of last week's minor pullback. The over-the-counter stock gains 275% on a M/M basis and surges ~2,800% Y/Y. Still, shares are significantly lower from their June 2018 peak of $258.5. Earlier this month, ISW (OTCPK:ISWH) expects to have the first 20 MW of power paired with rigs and running full-out by October 2021 in light of its recent partnership with Bitmain Technologies. It expects to have all 56K miners hooked up to 200 MW of power and running full-out by October 2022. In July, ISW Holdings receives $8M in new financing for expanding crypto mining.