LUXXFOLIO Operations Update
Download PDF NEWS RELEASE VANCOUVER, BC – November 21, 2022 – LUXXFOLIO Holdings Inc. (the “Company” or “LUXXFOLIO”, which includes references to its subsidiaries) (CSE: LUXX) (OTCQB: LUXFF) (Frankfurt/Berlin: LUH), provides the following update regarding its indirect wholly-owned subsidiary Westblock, LLC (“WB LLC”). WB LLC operates the Company’s Bitcoin mining facility (the “Facility”). Due to […]
LUXXFOLIO Operations Update
Download PDF NEWS RELEASE VANCOUVER, BC – November 2, 2022 – LUXXFOLIO Holdings Inc. (the “Company” or “LUXXFOLIO”, which includes references to its subsidiaries) (CSE: LUXX) (OTCQB: LUXFF) (Frankfurt/Berlin: LUH), provides the following update regarding its business environment and operations. The Bitcoin mining industry faces intense pressure. The market price for bitcoin has plummeted while […]
LUXXFOLIO Announces Further Debt Reduction
Download PDF NEWS RELEASE VANCOUVER, BC – October 28, 2022 – LUXXFOLIO Holdings Inc. (the “Company” or “LUXXFOLIO”, which includes references to its subsidiaries) (CSE: LUXX) (OTCQB: LUXFF) (Frankfurt/Berlin: LUH), is pleased to announce that it has repaid, in advance, CDN$ 1.1 million of its debt facility with CHP Agent Services Inc., a related party. […]
LUXXFOLIO Launches Immersion Mining and Substantially Reduces Debt
Download PDF NEWS RELEASE VANCOUVER, BC – August 10, 2022 – LUXXFOLIO Holdings Inc. (the “Company” or “LUXXFOLIO” which includes reference to its subsidiaries) (CSE: LUXX) (OTCQB: LUXFF) (Frankfurt/Berlin: LUH), announces that it has agreed to a debt settlement arrangement (the “Debt Settlement”) with its major lender (the “Lender”). Under the Debt Settlement, the Company […]
LUXXFOLIO to Launch Immersion Mining while Reducing Debt and Optimizing Operations
Download PDF NEWS RELEASE VANCOUVER, BC – JULY 15, 2022 – LUXXFOLIO Holdings Inc. (the “Company” or “LUXXFOLIO”) (CSE: LUXX) (OTCQB: LUXFF) (Frankfurt/Berlin: LUH), the Company took another strategic step to optimize its operations. LUXXFOLIO recently closed the sale of 100 Petahash, or approximately 970 cryptocurrency mining machines (the “Miners”). As part of the sale, […]
LUXXFOLIO Takes Steps to Optimize Operations
Download PDF NEWS RELEASE VANCOUVER, BC – June 15, 2022 – LUXXFOLIO Holdings Inc. (the “Company” or “LUXXFOLIO”) (CSE: LUXX) (OTCQB: LUXFF) (Frankfurt/Berlin: LUH) a vertically-integrated digital asset company, seeks to optimize the business in the face of the current market pressures. As part of this process, Kelly Klatik agreed to step out of his […]
LUXXFOLIO Receives a Strategic Investment from BIGG Digital Assets
Download PDF NEWS RELEASE VANCOUVER, BC – June 9, 2022 – LUXXFOLIO Holdings Inc. (the “Company” or “LUXXFOLIO”) (CSE: LUXX) (OTCQB: LUXFF) (Frankfurt/Berlin: LUH) a vertically-integrated digital asset company is pleased to announce that BIGG Digital Assets Inc. (“BIGG”) (CSE: BIGG; OTCQX:BBKCF) has made a strategic investment of CAD $2.0 million into LUXXFOLIO for 12.5 […]
LUXXFOLIO Benefits from Low Power Costs
Download PDF NEWS RELEASE VANCOUVER, BC – June 6, 2022– LUXXFOLIO Holdings Inc. (the “Company” or “LUXXFOLIO”) (CSE: LUXX) (OTCQB: LUXFF) (Frankfurt/Berlin: LUH) a vertically-integrated digital asset company is pleased to announce it has mined 25.22 Bitcoin in the month of May 2022. The Company’s total hash rate is currently 180 PH/s. Mining Overview (as […]
LUXXFOLIO Increase Hash Rate with Expanded Power Capacity
Download PDF NEWS RELEASE VANCOUVER, BC – May 5, 2022 – LUXXFOLIO Holdings Inc. (the “Company” or “LUXXFOLIO”) (CSE: LUXX) (OTCQB: LUXFF) (Frankfurt/Berlin: LUH) a vertically-integrated digital asset company is pleased to announce continued growth in its hash rate and is nearing completion of its New Mexico mining site expansion, which will take total capacity […]
LUXXFOLIO Increases Hash Rate with Completion of First Phase of Expansion
Download PDF NEWS RELEASE VANCOUVER, BC – April 9, 2022 – LUXXFOLIO Holdings Inc. (the “Company” or “LUXXFOLIO”) (CSE: LUXX) (OTCQB: LUXFF) (Frankfurt/Berlin: LUH) a vertically-integrated digital asset company is pleased to announce the completion of phase one of its New Mexico mining site expansion resulting in an additional 31 PH/s the latter part of […]
