Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 1068

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 1068
---
 provide first-hand
testimonials, which can serve as a powerful sales tool.

Although
the principal focus of our direct selling network is currently on the distribution of our financial education and technology products,
we believe the network has the capability to market and sell products and services across the globe. One of our business objectives is
to locate and develop new business opportunities that can generate additional content that can be offered through our network, including,
particularly, products and services that may be offered by other of our business units. Toward that end, we intend to use our direct
selling network to expand the scope and geographic reach of products of our health, beauty and wellness business unit.

Blockchain
Technology and Crypto Mining Products and Services

Through
our wholly owned subsidiary, SAFETek, LLC, we operate a vertically integrated, sustainability-focused blockchain infrastructure business
specializing in Bitcoin mining and transaction validation. SAFETek owns 4,847 and actively operates 1,916 advanced ASIC miners at a hosted
data center in Northern Europe, powered entirely by renewable energy sources—primarily hydropower and geothermal.

As
of December 31, 2024, SAFETek maintained a deployed hash rate of 0.186 exahash per second (EH/s) and produced 85.92 Bitcoin—a 78%
decrease from the 394.26 Bitcoin mined in 2023. This reduction was primarily driven by the April 2024 Bitcoin halving, which cut block
rewards by 50%, a more than 29% increase in network difficulty, and government-mandated energy curtailments resulting from low hydroelectric
reservoir levels in our host country.

Despite
the decline in production, these power curtailments reduced overall energy costs and helped mitigate operating losses under our existing
power purchase agreements, transforming a potential setback into a cost-management exercise to minimize costs while we on-board additional
hashing capacity with the expectation to return to profitability.

In
preparation for the halving, SAFETek implemented several key operational improvements:

    ●
    Retired
    older, less efficient mining units

    ●
    Deployed
    next-generation, high-efficiency ASIC miners

    ●
    Consolidated
    energy usage into more productive and energy-efficient capacity

These
initiatives significantly reduced our hash cost and enhanced our competitive positioning in a post-halving market. We intend to maintain
this disciplined strategy until market conditions support further expansion. Notably, the company has incurred