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Mawson Infrastructure Group Inc is a digital infrastructure provider, with diversified operations across Cryptocurrency Mining and Digital Asset Management. The company's mission is to build a bridge between the rapidly emerging digital asset industry and traditional capital markets, focusing on shareholder returns. Mawson operates in a single segment surrounding its digital currency mining operation, offering digital currency or Bitcoin self-mining, customer co-location services, and energy markets.
Its CEO Rahul Mewawalla announced a strong operational update for March and April 2024, highlighting significant revenue growth and expansion plans at the Midland facility. With approximately 109 MW of total power capacity, Mawson seeks to enhance its self-mining and co-location services to meet the growing demand for digital infrastructure business services.
Mawson Infrastructure Group (NASDAQ:MIGI) released a report on the economic impact of Australia's cryptocurrency sector. The report emphasizes that in 2021, this industry contributed
Mawson Infrastructure Group (NASDAQ:MIGI) will present at the B. Riley Securities Crypto Conference on December 8, 2021, in New York City. The event format includes a fireside chat and one-on-one investor meetings. Mawson management will also conduct investor meetings on December 9 and 10, 2021. The company focuses on sustainable energy solutions in the digital infrastructure sector, specifically in Bitcoin mining. For more information, contact Brett Maas at brett@haydenir.com.
Mawson Infrastructure Group (NASDAQ:MIGI) has joined the Crypto Climate Accord (CCA), a private sector initiative aimed at decarbonizing the cryptocurrency industry. This initiative aligns with Mawson's commitment to sustainability, pledging to use predominantly sustainable energy sources such as nuclear, wind, and hydro. Mawson aims for net-zero carbon emissions by 2030 and is focused on assisting the global transition to a decarbonized society. CEO James Manning expressed enthusiasm for collaborating with other organizations towards these environmental goals.
Mawson Infrastructure Group (NASDAQ:MIGI) announced its membership in the Bitcoin Mining Council, a forum dedicated to promoting transparency in Bitcoin mining. The company emphasizes its commitment to sustainability, using non-carbon emitting energy sources, including nuclear, wind, and hydro. Mawson has also partnered with Quinbrook Infrastructure Partners to enhance its green energy initiatives.
CEO James Manning expressed enthusiasm for sharing insights on sustainable energy and highlighted a new site operational in Australia, co-located with a renewable energy asset.
Mawson Infrastructure Group Inc. (NASDAQ:MIGI) announced a conference call on November 16, 2021, at 5:00 p.m. ET to discuss its Q3 results. An investor presentation will be available on their website. U.S. callers can reach the conference at 1-877-407-4018, while international callers can dial 1-201-689-8471, using conference ID 13724645. A replay will be accessible from November 16 at 8:00 p.m. ET to November 30 at 11:59 p.m. ET. Mawson focuses on digital asset infrastructure, combining cryptocurrency mining with digital asset management.
Mawson Infrastructure reported a remarkable Q3 2021 with revenue of $10.9 million, reflecting a significant 1100% increase from Q3 2020. The gross profit surged to $8.4 million, up from $44,000 last year. The company successfully listed on the NASDAQ under the ticker ‘MIGI’ and raised $45 million in capital. Key expansions include a new 100MW facility in Pennsylvania and 17,352 additional ASIC bitcoin miners, expected to boost operational capacity significantly.
Mawson Infrastructure Group Inc. (NASDAQ:MIGI) announces the listing of its first product, the Cosmos Global Digital Miners Access ETF (DIGA.CXA), on the Chi-X stock exchange in Australia. This ETF aims to track the performance of the Global Digital Miners Index, managed by Standard & Poor’s, offering investors exposure to leading companies in the cryptocurrency mining sector. CEO James Manning emphasized its significance for Australian investors, allowing them access to cryptocurrency mining without needing to manage multiple direct equities.
Mawson Infrastructure Group (NASDAQ:MIGI) is launching its first Australian data center powered entirely by renewable energy in partnership with Quinbrook Infrastructure Partners. Set to go live in
Mawson Infrastructure Group (NASDAQ:MIGI) has announced the purchase of 4,000 latest generation ASIC bitcoin miners, comprising 2,000 MicroBT M30S and 2,000 Canaan Avalon A1166/1246 units. This expansion is expected to boost operational capacity to 3.35EH by Q2 2022, a rise of 11.7% from the current 3EH. CEO James Manning highlighted that this move aligns with their 'infrastructure first' strategy and aims to reach 5EH online by early 2023. The company is focused on sustainable energy and growth following its Nasdaq listing.
Mawson Infrastructure Group has successfully closed its public offering of 3,913,044 shares and 2,250,000 warrants, raising approximately
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