DPW Holdings Plans Could Reintroduce Crypto Investors To The Stock Market

DPW Holding's Digital Power Lending (DPL) division is already making loans backed by bitcoin and Ethereum.
The new program expands on DPL's lending services, which were launched in 2017 and provide funding to businesses across the United States through secured and unsecured commercial loans.

They began using the new collateral program around March 10, 2021 Bitcoin, which was trading at $34,239 at the time, had reached $40K on January 9.

​DPW currently has a 617,000 square foot energy-efficient facility on a 34.5 acre site in southern Michigan that will help back those crypto loans. Securing a low-cost energy source is critical to profitably mining cryptocurrencies. While the Company believes the Facility and its anticipated future operations will be successful, it cannot guarantee that its expectations will be met on time, if at all.