Mawson Infrastructure Group
MIGI

$1.26

2.44%

Market Cap: $23.4M

About: Mawson Infrastructure Group Inc is a digital infrastructure provider, with diversified operations across Cryptocurrency Mining and Digital Asset Management. Its mission is to build a bridge between the rapidly emerging digital asset industry and traditional capital markets, with a focus on shareholder returns. The Company has three primary businesses; digital currency or Bitcoin self-mining, customer co-location and related services, and energy markets. It operates in a single segment surrounding its digital currency mining operation.

Employees: 30

Financials Finance Services

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

150% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 2

25% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 4

8% more funds holding

Funds holding: 13 [Q1] → 14 (+1) [Q2]

0.26% less ownership

Funds ownership: 6.4% [Q1] → 6.14% (-0.26%) [Q2]

6% less capital invested

Capital invested by funds: $1.63M [Q1] → $1.54M (-$91.3K) [Q2]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for MIGI.

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about MIGI published over the past 30 days

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for August 2024

Digital Colocation Revenue up 166% Y/Y from August 2023 and 25% M/M from July 2024 Total Monthly Revenue up 27% M/M from July 2024 Expanded into Artificial Intelligence (AI) and High-Performance Computing (HPC) Colocation Business Executed AI Customer Colocation Agreement for 20 MW for 6-years to colocate NVIDIA GPUs, Expected to Generate Cumulative Revenue Potential of $285 Million 1 Signed AI Customer Colocation LOI for AI and HPC Expansion to 144 MW Expanded to Ohio with 24 MW Planned Capacity, Expected to Increase Total Capacity to 153 MW Upon Completion MIDLAND, Pa., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded technology company focused on digital infrastructure platforms for artificial intelligence (AI), high-performance computing (HPC), and digital assets markets, today announced its unaudited business and operational update for August 2024.

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for August 2024

Mawson Infrastructure Group Expands to Ohio for AI/HPC Expansion

To Bolster Long-Term AI/HPC Growth Capacities, Mawson Expands to Ohio Expected to Increase Company's Total Capacity to 153 Megawatts upon Completion Mawson Invites Additional AI and HPC Partners for Further AI Collaboration and Innovation MIDLAND, Pa., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson" or "the Company"), a publicly-traded technology company providing digital infrastructure to the AI, HPC and digital assets markets, and headquartered in the United States, today announced its expansion of its lease in Ohio, further extending its AI (artificial intelligence) and HPC (high-performance computing) growth capacities.

Mawson Infrastructure Group Expands to Ohio for AI/HPC Expansion

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for July 2024

Digital Assets Colocation Monthly Revenue up 54% Y/Y from July last year Recently Expanded into AI (Artificial Intelligence) and HPC (High-Performance Computing) MarketsAI/HPC Colocation Agreement Recently Signed Expected to Generate Cumulative Revenue Potential of $285 Million 1 through 6-Year Term MIDLAND, Pa., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded digital infrastructure provider serving the AI, HPC and Digital Assets markets and headquartered in the United States, today announced its unaudited business and operational update for July 2024.

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for July 2024

Mawson Infrastructure Group Inc. Reports Q2 2024 Financial Results

Q2 Digital Colocation Business Revenue increased 77% Y/Y Q2 Energy Management Business Revenue increased 70% Y/Y Company Optimized and Reduced Q2 SG&A Expenses by 42% Y/Y Q2 2024 Total Revenue Increased 24% Y/Y and Increased 75% YTD (6 months) of 2024 MIDLAND, Pa., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson”, “the Company”), a publicly traded digital infrastructure provider headquartered in the United States, today announced its unaudited financial and operational results for the second quarter of fiscal year 2024 ended June 30, 2024.

Mawson Infrastructure Group Inc. Reports Q2 2024 Financial Results

Mawson Infrastructure Group Inc. to Join World Summit AI (Artificial Intelligence) in October 2024

MIDLAND, Pa., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson" or "the Company"), a publicly traded digital infrastructure company headquartered in the United States, today announced that it will be joining the World Summit AI (WSAI) being held October 9-10, 2024 in Amsterdam in the European Union.

Mawson Infrastructure Group Inc. to Join World Summit AI (Artificial Intelligence) in October 2024

Mawson Infrastructure Group Inc. Expands into AI and HPC Markets and Announces the Signing of AI/HPC Colocation Agreement for 20 MW

Initial AI/HPC (Artificial Intelligence/High-Performance Computing) Colocation Agreement Signed Expected to Generate Cumulative Revenue Potential of $285 Million 1 through 6-Year Initial 20 MW Contract Term Also Signs a Separate Non-Binding LOI to expand AI/HPC Colocation Business to 144 MW Positions Mawson Infrastructure Group as a Rising Player in the AI and HPC Digital Infrastructure Space MIDLAND, Pa., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson" or “the Company"), a publicly traded digital infrastructure provider in the United States, today announced that it has entered into a binding AI/HPC (Artificial Intelligence/High-Performance Computing) colocation business agreement (the “Agreement”) with BE Global Development Limited ("customer" or "BE") to provide an initial 20 megawatts (MW) of digital infrastructure for AI/HPC colocation services at a fixed, pre-determined price for the first two years of the Agreement, and with an initial six-year contract term.

Mawson Infrastructure Group Inc. Expands into AI and HPC Markets and Announces the Signing of AI/HPC Colocation Agreement for 20 MW

Mawson Infrastructure Group Inc. to Present at the 2024 Gateway Conference in San Francisco, CA

MIDLAND, Pa., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly traded digital infrastructure company, announced that it will be presenting at the 2024 Annual Gateway Conference, which is being held September 4-5 in San Francisco, CA.

Mawson Infrastructure Group Inc. to Present at the 2024 Gateway Conference in San Francisco, CA

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for June 2024

Digital Colocation Business Revenue up 56% Y/Y from June last year Energy Management Revenue up 262% Y/Y from June last year Completed 20 MW Facility Expansion Increasing Total Capacity to 129 MW and 41,530 miners Expands Digital Colocation Business and Digital Computation Expertise with Enterprise Customer for about 5,880 IceRiver KAS KS3M Miners to mine Kaspa (KAS) MIDLAND, Pa., July 18, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly traded digital infrastructure company, announced today its unaudited business and operational update for June 2024.

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for June 2024

Mawson Infrastructure Group Announces Several Recent New Hires to Further Drive Transformation and Growth Initiatives

MIDLAND, Pa., July 17, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson,” or “the Company”), a publicly traded digital infrastructure company, today announced several recent new hires to drive its overall growth initiatives, including expanding strategic partnerships and broadening the range of new business and ecosystem opportunities.

Mawson Infrastructure Group Announces Several Recent New Hires to Further Drive Transformation and Growth Initiatives

Mawson Infrastructure Group Announces Successful Completion of Announced Facilities Expansion Plans

Mawson's site in the greater Pittsburgh area grows to be amongst the largest operating sites in the PJM market amongst all the North American Public Bitcoin Mining Companies Expanded Midland, Pennsylvania site is now about 120 MW with capacity of about 38,810 ASICs miners Increases Mawson's Total Operational Capacity to approximately 129 MW and 41,530 Miners MIDLAND, Pa., June 25, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a digital infrastructure company, today announced the completion of the previously announced planned expansion at its Midland, Pennsylvania digital infrastructure and bitcoin mining facility, located in the greater Pittsburgh region.

Mawson Infrastructure Group Announces Successful Completion of Announced Facilities Expansion Plans

See News Rankings