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) generates a steady flow of news as a U.S.-based technology company focused on digital infrastructure for AI, high-performance computing (HPC), and digital assets including Bitcoin mining. This news page aggregates press releases and market updates so readers can follow how Mawson’s AI, HPC, and digital asset initiatives evolve over time.
Recent company announcements highlight several recurring themes. Mawson regularly reports on financial and operational results, such as quarterly earnings and monthly revenue updates that break out contributions from digital colocation, energy management, and self-mining activities. The company also issues news about strategic projects, including a GPU pilot program on a decentralized AI network and the extension of the lease for its Bellefonte, Pennsylvania mining facility, which it presents as part of its growth plans in AI and digital infrastructure.
Regulatory and capital markets developments are another key news category. Mawson has published updates on its Nasdaq listing status, including exception periods, extensions to regain compliance with bid price and market value or stockholders’ equity requirements, and the implementation of a 1-for-20 reverse stock split intended to support continued listing on The Nasdaq Capital Market. The company also discloses at-the-market equity offerings and related capital-raising activities.
Legal matters feature prominently as well. News items cover the involuntary Chapter 11 bankruptcy petition that was filed against Mawson, the Delaware Bankruptcy Court’s dismissal of that petition, and the company’s subsequent adversary proceeding seeking fees, costs, and damages from the petitioning creditors. Together, these updates provide context on Mawson’s financial position, legal environment, and strategic direction.
Investors, analysts, and observers can use this news feed to monitor Mawson’s progress in AI and HPC infrastructure, digital asset mining, colocation services, energy strategy, listing compliance, and litigation. Checking this page regularly offers a consolidated view of the company’s latest disclosures and corporate developments related to MIGI stock.
Mawson Infrastructure Group (NASDAQ:MIGI) has announced a webcast scheduled for May 16, 2022, at 5:00 p.m. Eastern Time to discuss its first-quarter 2022 results. An investor presentation will be accessible on their website before the call. U.S. callers can dial 1-877-407-4018, while international callers should use 1-201-689-8471, referencing conference ID 13729849. A replay of the call will be available from May 16, 2022, at 8:00 p.m. ET until May 30, 2022.
Mawson Infrastructure Group (NASDAQ:MIGI) reported record Bitcoin production in March 2022, generating 170 Bitcoins, a 336% increase compared to March 2021. The company's self-mining operations improved to approximately 1.35 Exahash by month-end, with expectations to reach 1.5 Exahash by the end of April, producing an estimated 6.6 Bitcoins per day. Mawson also expanded its Hosting Co-location capacity significantly, moving to 16 megawatts operational and planning to scale to 40 megawatts by the end of April. Additionally, a facility in Sandersville, Georgia, received approval for expansion to 230 megawatts.
Mawson Infrastructure Group (NASDAQ:MIGI) reported significant financial growth for FY 2021. Revenue surged by 886% to
Mawson Infrastructure Group (NASDAQ:MIGI) reported record financial results for FY 2021, achieving $43.9 million in revenue, a notable 886% increase from FY 2020. The company also recorded a gross profit of $34.0 million, up 2,526%. Non-GAAP EBITDA reached $17.9 million. The company produced 808 self-mined Bitcoin during the year. Mawson announced expansions including a new 100-megawatt facility in Pennsylvania and further developments in Georgia and Australia, aiming for 4 Exahash by Q3 2022 and 5.5 Exahash by Q1 2023.
Voltus, Inc. reported a 2021 revenue of
Mawson Infrastructure Group (NASDAQ:MIGI) announces participation in major upcoming investor events, including the Canaccord Genuity Blockchain Infrastructure & Mining Summit on March 17, 2022, and the Sidoti Spring Small Cap Virtual Investor Conference on March 23, 2022. Mawson will also attend the Ladenburg Thalmann Special Crypto Expo on March 24, 2022. These events will feature presentations and 1:1 investor meetings, aimed at showcasing Mawson's digital infrastructure services and commitment to the new digital economy.
Mawson Infrastructure Group (NASDAQ:MIGI) reported a record production of 152 Bitcoin in February 2022, a 300% increase compared to February 2021. Self-mining operations operated at approximately 1.3 Exahash by month-end, reflecting a 550% increase year-over-year. Mawson anticipates reaching 1.5 Exahash by March, generating about 6.8 Bitcoin daily. New hosting contracts with Celsius Mining LLC and Foundry Digital LLC add 112 megawatts. The Sandersville facility expansion to 230 megawatts is underway, indicating significant growth in capacity.
Mawson Infrastructure Group Inc. (NASDAQ:MIGI) has scheduled a webcast for March 21, 2022, at 5:00 p.m. Eastern Time, to discuss its fourth-quarter and annual results for 2021. Investors can access a new presentation on their website before the call. Participants can join via the provided dial-in numbers or through a live webcast. A replay will be available from March 21 to April 4, 2022. Mawson focuses on sustainable energy solutions for digital asset mining, aiming to lead in ESG-focused Bitcoin production.
Mawson Infrastructure Group (NASDAQ:MIGI) has announced a new 12 MW hosting co-location agreement with Foundry Digital LLC, raising its total hosting capacity to 114 MW from 2 MW as of December 31, 2021. The new mining hardware is expected to be deployed by the end of Q1 2022. In FY2021, Mawson generated $850,000 in revenue from hosting customers. CEO James Manning highlighted significant demand for hosting services and emphasized the company's commitment to expanding its operations in the digital infrastructure sector.
Mawson Infrastructure Group (NASDAQ:MIGI) announces an expansion of its Sandersville, Georgia Bitcoin mining facility from 80 to 230 Megawatts (MW), enabling up to 7.5 Exahash (EH) capacity. This decision follows successful infrastructure studies and reflects a growing partnership with local authorities. The facility aims to be operational by Q3 2023, utilizing predominantly nuclear and hydro energy. Mawson is committed to sustainability through Carbon and Renewable Energy Credits to achieve its Net Zero goals.
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