Vortex Brands Co (OTCMKTS:VTXB) Stock Continues to Trend Higher

Leading cryptocurrency mining services provider Vortex Brands Co (OTCMKTS:VTXB) could well be the one worth watching today following the announcement from the company yesterday.

Trading Data

On Wednesday, VTXB stock rose 11.11% to $0.0005 with more than 198.19 million shares, compared to its average volume of 33.43 million shares. The stock moved within a range of $0.0004 – 0.0006 after opening trade at $0.0005.

Vortex Brands Announces New Quarterly Cash Dividend from Bitcoin Mining Operations

The company announced that it was going to give away a quarterly cash dividend to its shareholders in light of its successful Bitcoin mining operations. The dividend payment would be for $0.000003 a share and would be distributed to all shareholders of record as on July 3, 2023. The company noted that the cash dividend payment was another indication of the Vortex Brands’ commitment to rewarding its shareholders.

Todd Higley, who is the Chief Executive Officer of the company spoke about the development as well. He noted that as a company Vortex Brands believed in offering value to its shareholders and added that everyone at the company was thrilled at the ability to offer cash dividends to its shareholders due to the success of its Bitcoin mining operations. He went on to add that the cryptocurrency industry continued to grow at a remarkable rate and Vortex Brands was committee to expand its capabilities as a miner. That would enable the company to continue to generate sustainable returns for its investors.