QualityStocksNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Board of Directors Authorizes Spinoff of Super Crypto Mining Subsidiary
DPW Holdings (NYSE American: DPW) this morning announced the November 23, 2018 authorization of its Board of Directors to pursue a spinoff of DPW’s wholly-owned subsidiary Super Crypto Mining, Inc. The move demonstrates the company’s confidence in the long-term viability of crypto-mining and the cryptocurrency marketplace and endeavors to support Super Crypto with the independence and tools to achieve and surpass its goals 2019 and beyond. “As stated during our investor conference call on December 20, 2017, the acquisition of assets that would appreciate under our ownership and the creation of increased shareholder value through our portfolio companies and projects…