Vortex Brands Co. Announces Successful Balance Sheet Strategy with MicroStrategy (MSTR) Stock

DENVER - Nov. 13, 2024 - PRLog -- Vortex Brands Co. (VTXB) today announced the highly successful results of its innovative balance sheet strategy, which involved acquiring MicroStrategy (MSTR) stock as a proxy for Bitcoin. The company's average share cost is under $160, and with MSTR currently trading around $360, this represents a remarkable 225% increase in cash equivalent reserves compared to holding traditional cash.

This strategic move was initiated to optimize the company's balance sheet and capitalize on the potential of Bitcoin's long-term growth. By acquiring MSTR stock, Vortex Brands gained indirect exposure to Bitcoin, leveraging MicroStrategy's significant Bitcoin holdings.

"Acquiring MSTR has been a game-changer for our balance sheet," said Todd Higley, CEO of Vortex Brands Co. "This strategic move provides significant exposure to Bitcoin's growth while delivering exceptional returns."

The company also reported that with Bitcoin trading at record levels above $90,000, even its less efficient miners are operating at breakeven or profitable levels. Vortex Brands plans to continually improve the efficiency of its mining operations over time, further enhancing profitability.

About Vortex Brands Co.:
Vortex Brands Co. (VTXB) is a public company dedicated to developing and deploying innovative technologies, including Bitcoin mining, with a focus on renewable energy and financial technology. The company aims to drive sustainable growth and deliver long-term value to its shareholders through strategic investments and business expansion.

Contact:
Investor Relations
Email: inbox@vortexbrands.us
Phone: (213) 260-0321

Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those implied by such statements.