Mawson Infrastructure Group Inc. Announces Monthly Operational Update for November 2024
Portfolio Pulse from
Mawson Infrastructure Group Inc. reported a 111% year-over-year increase in digital colocation revenue for November 2024. The company's current operating hash rate is approximately 4.98 EH/s, with an operating capacity of 129 MW, expected to grow to 153 MW upon completion of its Ohio facility.
December 10, 2024 | 10:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Mawson Infrastructure Group Inc. saw a significant 111% increase in digital colocation revenue year-over-year for November 2024. The company's operational capacity is set to expand with the completion of its Ohio facility.
The substantial increase in revenue and the planned expansion of operational capacity are positive indicators for Mawson's growth prospects. This could lead to increased investor confidence and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100