Mawson Infrastructure Group In - MIGI STOCK NEWS

Mawson Infrastructure Group (NASDAQ:MIGI) will present at the Sidoti Winter Smallcap Virtual Investor Conference on January 20, 2022, at 8:30 AM ET. The virtual event allows Mawson management to engage in 1:1 investor meetings. Mawson operates in the USA and Australia, providing digital infrastructure solutions that support Bitcoin mining amid a growing digital economy. The company focuses on sustainability and shareholder returns. For registration details, visit Sidoti Winter Conference.

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 $2.1 billion to the Australian economy and created approximately 11,600 jobs. With further reforms, projections suggest a potential increase to $68.4 billion and over 200,000 jobs by 2030. Mawson highlights the need for a suitable regulatory framework to ensure the growth and security of the digital asset sector.

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 October 2021, this 20MW facility in New South Wales will add approximately 0.4 EH to global operations. Mawson plans to further develop renewable energy assets in both Australia and the US. CEO James Manning emphasized the importance of renewable energy in future data center infrastructure, aligning with the company's focus on sustainable bitcoin mining.