Mawson Infrastructure Group Inc. - MIGI STOCK NEWS

Voltus, Inc. reported a 2021 revenue of $47.4 million, exceeding earlier forecasts by 13% and showing a 94% increase from 2020. The annual gross profit also rose to approximately $19 million, 27% above projection, driven by a growing Distributed Energy Resource (DER) portfolio. The company reaffirmed its financial forecasts and is on track for a business combination with Broadscale Acquisition Corp. (SCLE) in Q2 2022. Investors are invited to join the Virtual Investor Day on March 22 at 10:00 am EDT.

Mawson Infrastructure Group (NASDAQ:MIGI) announces participation in major upcoming investor events, including the Canaccord Genuity Blockchain Infrastructure & Mining Summit on March 17, 2022, and the Sidoti Spring Small Cap Virtual Investor Conference on March 23, 2022. Mawson will also attend the Ladenburg Thalmann Special Crypto Expo on March 24, 2022. These events will feature presentations and 1:1 investor meetings, aimed at showcasing Mawson's digital infrastructure services and commitment to the new digital economy.

Mawson Infrastructure Group (NASDAQ:MIGI) reported a record production of 152 Bitcoin in February 2022, a 300% increase compared to February 2021. Self-mining operations operated at approximately 1.3 Exahash by month-end, reflecting a 550% increase year-over-year. Mawson anticipates reaching 1.5 Exahash by March, generating about 6.8 Bitcoin daily. New hosting contracts with Celsius Mining LLC and Foundry Digital LLC add 112 megawatts. The Sandersville facility expansion to 230 megawatts is underway, indicating significant growth in capacity.

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) has scheduled a webcast for March 21, 2022, at 5:00 p.m. Eastern Time, to discuss its fourth-quarter and annual results for 2021. Investors can access a new presentation on their website before the call. Participants can join via the provided dial-in numbers or through a live webcast. A replay will be available from March 21 to April 4, 2022. Mawson focuses on sustainable energy solutions for digital asset mining, aiming to lead in ESG-focused Bitcoin production.

Mawson Infrastructure Group (NASDAQ:MIGI) has announced a new 12 MW hosting co-location agreement with Foundry Digital LLC, raising its total hosting capacity to 114 MW from 2 MW as of December 31, 2021. The new mining hardware is expected to be deployed by the end of Q1 2022. In FY2021, Mawson generated $850,000 in revenue from hosting customers. CEO James Manning highlighted significant demand for hosting services and emphasized the company's commitment to expanding its operations in the digital infrastructure sector.

Mawson Infrastructure Group (NASDAQ:MIGI) announces an expansion of its Sandersville, Georgia Bitcoin mining facility from 80 to 230 Megawatts (MW), enabling up to 7.5 Exahash (EH) capacity. This decision follows successful infrastructure studies and reflects a growing partnership with local authorities. The facility aims to be operational by Q3 2023, utilizing predominantly nuclear and hydro energy. Mawson is committed to sustainability through Carbon and Renewable Energy Credits to achieve its Net Zero goals.

Mawson Infrastructure Group (NASDAQ:MIGI) announced a significant co-location agreement with Celsius Mining for a 100 megawatt (MW) hosting facility. This partnership marks Mawson's position as one of the largest Nasdaq-listed Bitcoin mining ASIC hosting companies. The mining hardware is expected to be deployed by the end of Q1 2022, increasing Mawson's total hosting capacity to approximately 102 MW. Mawson has also issued 3,850,000 warrants to Celsius Mining at $6.50 per share. The company anticipates achieving 3.35 exahash (EH) in Bitcoin self-mining by Q2 2022 and aims for 5 EH by early Q1 2023.

Mawson Infrastructure Group (NASDAQ:MIGI) has inaugurated a 100 Megawatt Bitcoin mining facility in Beaver County, Pennsylvania, aimed at enhancing local energy resources. The initiative includes community support efforts alongside a partnership with Voltus to supply energy to the PJM Interconnection grid. CEO James Manning emphasized the company's commitment to being a good corporate citizen. The Pennsylvania Department of Community and Economic Development welcomed Mawson's contributions to the community and job creation. Mawson aims to leverage sustainable practices in its digital infrastructure business.

Mawson Infrastructure Group Inc. (NASDAQ: MIGI) has announced a strategic partnership with Cosmos Asset Management and Purpose Investments to introduce new digital asset investment opportunities targeting Australian investors. Purpose Investments, managing approximately $14 billion in assets, is known for launching the world’s first spot Bitcoin ETF. The partnership aims to innovate within the digital asset ETF sector, expanding choices for Australian investors seeking exposure to this emerging asset class. This collaboration highlights the growing demand for digital asset investments in Australia.