Streetbeat News

MIGI

Mawson Infrastructure Group, Inc.

https://www.mawsoninc.com

Industry

Financial - Capital Markets

Mawson Infrastructure Group Inc., a digital infrastructure provider, operates in cryptocurrency mining in the United States and Australia. It owns and operates modular data centers. The company is based in North Sydney, Australia.

Open

1.19

Mkt cap

23M

Volume

624K

High

1.29

P/E Ratio

-0.39

52-wk high

4.40

Low

1.19

Div yield

N/A

52-wk low

0.62

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.

Portfolio Pulse from

December 10, 2024 | 10:15 pm

Mawson Infrastructure Group Inc. (NASDAQ: MIGI) has clarified that reports of the company filing for Chapter 11 bankruptcy are false. The company remains focused on its digital infrastructure platforms for AI, HPC, and digital assets markets.

Portfolio Pulse from

December 04, 2024 | 10:00 pm

Mawson Infrastructure Group Inc. reported a significant increase in revenue for October 2024, with total monthly revenue up 49% year-over-year and 18% month-over-month. The company saw growth in both its Digital Colocation and Digital Assets Mining segments.

Portfolio Pulse from

November 20, 2024 | 12:45 pm

Mawson Infrastructure Group Inc. (NASDAQ: MIGI) will present at the Roth 13th Annual Technology Conference in New York City on November 19-20, 2024. The company's CEO and leadership team will attend, highlighting their focus on AI, HPC, and digital assets.

Portfolio Pulse from

November 19, 2024 | 2:30 pm

Mawson Infrastructure Group Inc. reported significant growth in its Q3 2024 financial results, with a 222% year-over-year increase in its Digital Colocation Business revenue and a 33% increase in its Energy Management Business revenue. Overall, the company's total revenue increased by 50% year-to-date.

Portfolio Pulse from

November 14, 2024 | 1:45 pm

Mawson Infrastructure Group reported a 65% YoY increase in revenue for September 2024, reaching $4.15M. The company saw significant growth in its energy management and digital colocation businesses. Mawson completed Phase 1 construction at its Ohio facility, aiming to boost capacity to 153 MW.