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

1.89

Mkt cap

36M

Volume

876K

High

1.94

P/E Ratio

-0.45

52-wk high

4.40

Low

1.79

Div yield

N/A

52-wk low

0.46

Mawson Infrastructure Group has signed a customer co-location agreement for approximately 15,876 Bitmain Antminer S19 XP miners, or about 50 MW, at its Midland, PA facilities. With this agreement, Mawson's facilities, combining self-mining and co-location platforms, are expected to have a total capacity of about 109MW and 35,480 miners, with a hashing capacity of approximately 3.7 EH/s.

Portfolio Pulse from Benzinga Newsdesk

October 19, 2023 | 12:58 pm

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) has released its unaudited business and operational update for September 2023. The company reported a growth in self-mining Bitcoin production to 89 BTC, an increase in the number of self-miners hashing to approximately 16,730, and a 17% M/M increase in Energy Market Program Monthly Revenue. However, self-mining monthly revenue reduced by 4% to $2.33M due to increased network difficulty rate and lower average Bitcoin prices.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:53 pm

In Monday's after-market session, several information technology stocks saw significant movement. Aurora Mobile (NASDAQ:JG), Bit Origin (NASDAQ:BTOG), WiSA Technologies (NASDAQ:WISA), Datasea (NASDAQ:DTSS), Mawson Infra Gr (NASDAQ:MIGI), and Synchronoss Technologies (NASDAQ:SNCR) shares increased. Meanwhile, NetScout Systems (NASDAQ:NTCT), GSE Systems (NASDAQ:GVP), Edgio (NASDAQ:EGIO), Intrusion (NASDAQ:INTZ), Coherent (NYSE:COHR), and Clear Secure (NYSE:YOU) shares decreased.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 9:31 pm

Several information technology stocks experienced significant movement in Tuesday's after-market session. Notable gainers included Peraso (PRSO), Auddia (AUUD), Oblong (OBLG), SatixFy Communications (SATX), Movella Holdings (MVLA), and Aeva Technologies (AEVA). On the other hand, A10 Networks (ATEN), MicroAlgo (MLGO), Mawson Infra Gr (MIGI), Datasea (DTSS), Data Storage (DTST), and GSE Systems (GVP) saw their stock prices decrease.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 9:31 pm

Technology and software stocks are trading lower due to rising Treasury yields, which have negatively impacted growth stocks.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 7:16 pm

Several information technology stocks experienced significant movement in Monday's after-market session. AgileThought (AGIL), Porch Group (PRCH), SEALSQ (LAES), Oblong (OBLG), Genasys (GNSS), and Infobird Co (IFBD) saw gains, while SAI.TECH Global (SAI), Datasea (DTSS), Presto Automation (PRST), MicroAlgo (MLGO), Akerna (KERN), and Mawson Infra Gr (MIGI) experienced losses.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 9:31 pm

During Monday's intraday session, several information technology stocks experienced significant movement. Presto Automation (PRST), Mawson Infra Gr (MIGI), WaveDancer (WAVD), Cipher Mining (CIFR), Semantix (STIX), and BIT Mining (BTCM) saw gains, while Borqs Technologies (BRQS), Casa Systems (CASA), Glimpse Group (VRAR), and Strong Global (SGE) experienced losses.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 5:31 pm

The article lists the stocks that gained and lost the most in Monday's mid-day session. Among the gainers, AERWINS Technologies Inc. (NASDAQ:AWIN) shares climbed 86.1% after the company said it is considering strategic alternatives for its non-core operations. Among the losers, SmileDirectClub, Inc. (NASDAQ:SDC) shares dipped 62% after the company filed for Chapter 11 bankruptcy.

Portfolio Pulse from Lisa Levin

October 02, 2023 | 5:00 pm

In Monday's pre-market session, several information technology stocks saw significant movement. Gainers included BTCS, Cipher Mining, Greenidge Generation Hldg, Mawson Infra Gr, SatixFy Communications, and EMCORE. Losers included Borqs Technologies, Glimpse Group, MariaDB, MMTEC, MicroAlgo, and Nano Labs.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 1:05 pm

Several information technology stocks experienced significant movement in Friday's after-market session. Mawson Infra Gr, MMTEC, Edgio, VirnetX Holding, Presto Automation, and Inseego saw gains, while MariaDB, Glimpse Group, SMX, Sigma Additive Solutions, Soluna Holdings, and Akerna experienced losses.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 9:31 pm

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