Welcome to our dedicated page for Mawson Infrastructure Group In news (Ticker: MIGI), a resource for investors and traders seeking the latest updates and insights on Mawson Infrastructure Group In stock.
Mawson Infrastructure Group Inc (NASDAQ: MIGI) operates at the forefront of digital infrastructure, specializing in cryptocurrency mining, AI/HPC colocation, and sustainable energy solutions. This page serves as the definitive source for official company news, providing investors and industry observers with timely updates on strategic developments.
Access curated press releases and announcements covering operational expansions, technology partnerships, financial results, and sustainability initiatives. Users will find updates across MIGI's core segments: self-mining operations, enterprise colocation services, and energy market optimizations.
All content is sourced directly from company communications to ensure accuracy. Regular updates provide insights into Mawson's evolving role in digital infrastructure markets, including its expansion into high-performance computing solutions. Bookmark this page to stay informed about MIGI's progress in building scalable, next-generation digital ecosystems.
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
Mawson Infrastructure Group (OTCQB:MIGI) announced the pricing of a public offering of 3,913,044 shares and 1,956,522 warrants at $11.50 each, aiming for approximately $45 million in gross proceeds. An additional 30-day option for 586,956 shares and 293,478 warrants is available to the underwriter. The offering closes around October 1, 2021, with shares expected to trade on Nasdaq from September 29, 2021. Proceeds will be used for working capital and general corporate purposes.
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.
