Mawson Infrastructure Group Inc. Announces Monthly Operational Update For June 2023; Total BTC Mining Increased 6% MoM To 71 BTC
Portfolio Pulse from Happy Mohamed
Mawson Infrastructure Group Inc. (NASDAQ:MIGI) has announced its operational update for June 2023, showing a 6% MoM increase in total BTC mining to 71 BTC. The company's new Bellefonte facility has increased self-mining capability by 19%. The total installed self-miners as of June 30th increased MoM to 16,350. The company's operational capacity was approximately 96 Megawatts, able to support 27,636 miners. Mawson plans to continue driving growth in 2023 through expansion opportunities, securing a portfolio of sites, participating in the Energy Markets Program, developing strategic partnerships, and offering reliable hosting services.
July 19, 2023 | 12:41 pm
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Mawson Infrastructure Group's operational update for June 2023 shows positive growth in BTC mining and self-mining capabilities, which could potentially boost investor confidence.
The company's operational update shows a 6% MoM increase in total BTC mining and a 19% increase in self-mining capability, indicating a positive growth trajectory. This could potentially boost investor confidence and have a positive impact on the company's stock price in the short term.
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