NetworkNewsBreaks – Perpetual Industries Inc. (PRPI)

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NetworkNewsBreaks – Perpetual Industries Inc. (PRPI) Moves into New Indiana Headquarters

Perpetual Industries (OTC: PRPI), an incubator for the development of new and innovative energy-efficient technologies and products, has new corporate offices. The company has moved into a new 22,000-square-foot facility located in Auburn, Indiana; the new building provides additional space for the company to complete a large-scale Bitcoin mining center expansion for its cryptocurrency division and meet its growing need for research and development projects. In the past year, PRPI has closed on two strategic acquisitions, which consequently have become powerful subsidiaries and divisions of Perpetual Industries. The growth has positioned PRPI in several expanding markets and provided additional revenue streams. The company has also indicated it is working on the development of solutions to integrate the powerful capabilities of disruptive blockchain technology. “We have seen significant growth in the operation of our divisions over the past couple of years,” said Perpetual Industries CEO Brent Bedford in the press release. “It made sense to increase our space to maximize the company’s return on assets and capitalize on the fast-growing blockchain ecosystem with our data center expansion.”

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