Creek Road Miners Strengthens Commitment to Cryptocurrency Mining Strategy
Advancing the strategy of simplifying its business holdings to concentrate on cryptocurrency mining operations, Creek Road Miners, Inc. (CRKR) (“Creek Road”) announces the divesture of its interest in Jevo Holdings, LLC (“Jevo”). Through the sale of Jevo, Creek Road has raised additional capital to build and support its now leaner and focused operations.
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“Three short months ago, we presented our new business direction to our shareholders and the idea was met with overwhelming support”
“Three short months ago, we presented our new business direction to our shareholders and the idea was met with overwhelming support,” Mr. Scott D. Kaufman, the Chairman and Chief Executive Officer of Creek Road, commented. Mr. Kaufman also stated, “With the sale of Jevo, we have completed our pivot to cryptocurrency mining and continue the journey to becoming a juggernaut in this space.”
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