Mawson Infrastructure Group Inc. - MIGI STOCK NEWS

Mawson Infrastructure Group (OTCQB:MIGI) announced plans for an underwritten public offering of common stock and warrants. The company aims to list its shares on the Nasdaq Capital Market under the symbol "MIGI". The offering is subject to market conditions, and proceeds will be used for working capital and general corporate purposes. H.C. Wainwright & Co. serves as the book-running manager for the offering. The offering follows a previously filed effective shelf registration statement with the SEC.

Mawson Infrastructure Group (MIGI) has signed a three-year lease for six acres in Midland, Pennsylvania, allowing for up to 100MW of power capacity to support its bitcoin mining operations. The site, which features 50MW of available capacity and options to expand, is set to begin development this month and is expected to become operational in late 2021 or early 2022. Mawson aims to source most of its energy from renewable sources. This strategic location enhances Mawson's aim to achieve 5000 PH by early 2023.

Mawson Infrastructure Group (OTCQB:MIGI) will participate in the BTIG Future of Digital Assets Conference on September 22, 2021, at 10 AM ET. CEO James Manning will provide insights into the company's operations in bitcoin mining and digital asset management during a fireside chat. Mawson, headquartered in Sydney, Australia, focuses on bridging digital assets with traditional capital markets, emphasizing shareholder returns and innovative mobile data center solutions.

Mawson Infrastructure Group (OTCQB:MIGI) will present at key virtual conferences in September 2021. It will participate in the Crypto & Digital Currencies session at the Morgan Stanley Australia Summit on September 15, and also present at the CITIC CLSA Flagship Investors Forum from September 13-17. CEO James Manning will overview the company's diversified operations in bitcoin mining and digital asset management. This engagement aims to connect the digital asset industry with traditional markets while focusing on shareholder returns.

Mawson Infrastructure Group (MIGI) has expanded its flagship site in Georgia, USA, by 11.3 acres, enhancing its bitcoin mining operations. This expansion includes updated power infrastructure to support the existing 3EH of ASIC bitcoin mining hardware. Mawson plans to increase power capacity to 100MW as construction progresses, with phase 3 planned within the next year. CEO James Manning expressed satisfaction with the extended lease and the opportunity for growth, aiming for a target of 5EH by early 2023.

Mawson Infrastructure Group (OTCQB:MIGI) has released an Investor Presentation providing updates on its expanding bitcoin mining operations in the USA and Australia. The company focuses on bridging the gap between the digital asset industry and traditional capital markets while aiming for strong shareholder returns. Mawson's diversified operations include cryptocurrency mining and digital asset management. The presentation is available on their website, highlighting their commitment to enhancing digital infrastructure.

Mawson Infrastructure Group (OTCQB:MIGI) has appointed Craig Hibbard as Chief Development Officer (CDO). Hibbard brings over 15 years of executive experience, previously working with Iris Capital and managing projects valued at over $700 million. His role will focus on project deployment across Mawson’s facilities in the US and Australia. CEO James Manning expressed optimism about Hibbard’s extensive development experience aiding the company's growth in the digital infrastructure sector as it expands operations.

Mawson Infrastructure Group (OTCQB:MIGI) has appointed Hetal Majithia as its new Chief Financial Officer. With over 10 years of experience as a chartered accountant at PwC and KPMG, Hetal holds an Honours degree in Economics from the University of Southampton. CEO James Manning expressed confidence in her ability to drive value as the company expands its global operations. Mawson operates across cryptocurrency mining and digital asset management, focusing on bridging the digital asset industry and traditional capital markets.

Mawson Infrastructure Group (OTCQB:MIGI) has purchased an additional 17,352 ASIC bitcoin miners from Canaan (NASDAQ:CAN), enhancing its mining capacity by over 1.5EH. These miners, Avalon A1166 and A1246 models, will be deployed in the USA and Australia, with operations beginning in Q4 2021 and extending into 2022. CEO James Manning expressed satisfaction with the partnership and reaffirmed the company’s goals of reaching 2000 PH by the end of 2021 and 5000 PH by 2022. Mawson aims to connect digital assets with traditional capital markets, emphasizing shareholder returns.