NYSE-listed company splits, financial company to focus on cryptocurrency mining

According to globenewswire, DPW Holdings (NYSE: DPW) announced that its board of directors has approved the proposed reorganization of its corporate structure, and DPW Holdings will split into two companies: DPW Technology and DPW Financial. DPW Financial Group will focus on lending, cryptocurrency mining, hotels and real estate.

DPW Holdings, Inc. (AMEX: DPW), a digital power company headquartered in California, USA, was founded in 1969 and went public in 1996. Formerly known as Digital Power Corporation, it is a switching power supplier serving customers in industries such as industry, telecommunications, communications, medical and military.