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

1.65

Mkt cap

34M

Volume

810K

High

1.98

P/E Ratio

-0.59

52-wk high

4.40

Low

1.62

Div yield

N/A

52-wk low

0.51

Mawson Infrastructure Group has signed an AI/HPC colocation agreement with a potential revenue of $285 million over six years. Additionally, the company has signed a Letter of Intent (LOI) to expand its colocation business to 144 MW, positioning itself as a key player in AI and HPC digital infrastructure.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 12:46 pm

Shares of companies within the broader tech sector are trading lower amid concerns over the US economy.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:34 pm

HC Wainwright & Co. analyst Kevin Dede has downgraded Mawson Infrastructure Group (NASDAQ:MIGI) from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 10:43 am

Mawson Infrastructure reported a 56% year-over-year increase in June digital colocation monthly business revenue to $2.48 million. Additionally, their energy management monthly business revenue surged 262% year-over-year to $0.74 million.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 8:55 pm

Shares of crypto stocks are trading higher amid a rebound in Bitcoin.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 2:45 pm

Mawson Infrastructure reported a 19% year-over-year increase in overall revenue to approximately $4.46 million, equivalent to about 70 BTC. The company also announced that the expansion of its Midland facility is progressing well, which will increase its capacity by 20 MW to a total of 129 MW and about 41,530 miners.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 9:18 pm

Mawson Infrastructure has expanded its digital co-location business by signing a new 20 MW co-location customer agreement with Krypton Technologies.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:47 pm

The article highlights the intraday movements of various information technology stocks on Wednesday. Notable gainers include CCSC Technology (CCTG), Mawson Infra Gr (MIGI), GCT Semiconductor Hldgs (GCTS), Spectaire Holdings (SPEC), MMTEC (MTC), and Nvni Group (NVNI). On the losing side, U-BX Technology (UBXG), Oblong (OBLG), Unusual Machines (UMAC), Presto Automation (PRST), X3 Holdings (XTKG), and SmartKem (SMTK) saw significant declines.

Portfolio Pulse from Benzinga Insights

June 12, 2024 | 4:30 pm

The article highlights the pre-market movements of various information technology stocks on Tuesday. Notable gainers include MicroAlgo, Core Scientific, and Datasea, while significant losers include CalAmp, Verb Tech, and Phunware.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 12:06 pm

HC Wainwright & Co. analyst Kevin Dede has reiterated a Buy rating on Mawson Infrastructure Group (NASDAQ:MIGI) and maintained a $3 price target.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 10:57 am

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