Mawson Infrastructure Group Expands Co-Location Business; 30% Growth In Total Co-Location Services Business To About 25,284 Miners Or About 82 MW, Increases Co-Location Services Business By About 5,880 Miners Or About 20 MW
Portfolio Pulse from Benzinga Newsdesk
Mawson Infrastructure Group Inc. (NASDAQ:MIGI) announced a 30% growth in its co-location services business, expanding to about 25,284 miners or 82 MW. This includes a new agreement with Consensus Technology Group LLC, adding approximately 5,880 miners or 20 MW. The expansion follows three successful co-location customer agreements since Q4, 2023, showcasing Mawson's operational and technological excellence in digital infrastructure.
March 27, 2024 | 12:52 pm
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Mawson Infrastructure Group Inc. (MIGI) expands its co-location services business by 30%, reaching about 25,284 miners or 82 MW, including a significant new agreement with Consensus Technology Group LLC.
The expansion of Mawson Infrastructure Group's co-location services business, particularly through the new agreement with Consensus Technology Group LLC, indicates a strong growth trajectory and operational excellence. This expansion is likely to be viewed positively by investors, potentially leading to an increase in stock price in the short term due to the positive business development and expansion of services.
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