Mawson Infrastructure Group Inc. Announces Monthly Operational Update For May 2023; Total Installed Miners Increased By 133%. Total BTC Mining Increased 76% M/M.
Portfolio Pulse from Happy Mohamed
Mawson Infrastructure Group Inc. (MIGI) reported a 133% increase in installed miners and a 76% increase in BTC mining for May 2023. The company's revenue mix includes self-mining (53%), hosting (38%), and energy market program (9%). Mawson aims to continue growth in 2023 through site acquisition, energy market program expansion, strategic partnerships, hosting services, and exploring expansion opportunities.
June 14, 2023 | 12:34 pm
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Mawson Infrastructure Group reported a 133% increase in installed miners and a 76% increase in BTC mining for May 2023. The company's growth strategy includes site acquisition, energy market program expansion, strategic partnerships, and hosting services.
The significant increase in installed miners and BTC mining, along with the company's diversified revenue mix and growth strategy, are likely to have a positive short-term impact on MIGI's stock price. Investors may view these results as a sign of strong operational performance and potential for future growth.
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IMPORTANCE 80
RELEVANCE 100