Mawson Infrastructure Monthly Total Revenue Equivalent In BTC For July Increased 23% M/M
Portfolio Pulse from Benzinga Newsdesk
Mawson Infrastructure Group Inc. (MIGI) reported a 23% month-on-month increase in total revenue equivalent in Bitcoin (BTC) for July 2023. The total operational capacity as of July 31, 2023, was approximately 96 Megawatts. However, the total self-mining BTC decreased by 2.8%.
August 23, 2023 | 5:19 am
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Mawson Infrastructure's total revenue equivalent in BTC increased by 23% M/M in July 2023, indicating a positive performance. However, a 2.8% decrease in total self-mining BTC could be a concern.
The increase in total revenue equivalent in BTC indicates that Mawson Infrastructure's operations are profitable and growing. However, the decrease in total self-mining BTC could indicate potential issues in their mining operations, which could impact future revenues.
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IMPORTANCE 80
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