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) announced its participation in Metro Connect USA 2025, scheduled for February 24-26, 2025 in Fort Lauderdale. The event is the largest gathering of digital infrastructure leaders, attracting over 2,500 industry professionals.
CEO and President Rahul Mewawalla will attend the event, which brings together digital infrastructure companies, private equity funds, investment banks, analysts, and industry experts. The company, which focuses on digital infrastructure platforms for AI, high-performance computing, and digital assets markets, views the growth of compute applications as a significant driver for the technology industry's future development.
Mawson Infrastructure Group (NASDAQ: MIGI) has released its 2025 Company Presentation highlighting significant growth across multiple business segments. The company reported 136% year-over-year revenue growth in its digital colocation business and 36% growth in total revenue for FY2024. Operating hash rate increased by 31% to 4.98 EH/s.
Key developments include signing an AI/HPC colocation agreement for 20 MW deployment of NVIDIA GPUs, with potential expansion to 144 MW. Operational capacity increased to 129 MW, with planned expansion to 153 MW upon Ohio facility completion. The company has expanded its digital colocation platform to serve multiple enterprise-grade institutional customers, becoming one of the largest among publicly-traded peers.
All expansion was funded through operational cash flow. The company has enhanced its leadership team with executives from major tech companies and gained coverage from prominent financial media outlets.
Mawson Infrastructure Group (NASDAQ: MIGI) has appointed William C. Regan as Chief Financial Officer effective January 17, 2025. Regan, who joined as Deputy CFO in 2024, brings 40 years of finance and accounting experience, including 25 years at public companies and 10 years at technology companies.
The company, focused on digital infrastructure platforms for AI, HPC, and digital assets markets, has reported significant developments including robust year-on-year revenue growth in digital colocation business, acquisition of enterprise-grade customers, and expansion into AI and high-performance computing markets. Former CFO Sandy Harrison has stepped down to spend more time with family but will continue serving as Senior Advisor.
The company has also strengthened its leadership team with hires from Amazon Web Services and Apple, positioning itself as one of the largest digital colocation businesses among publicly-traded peers.
Mawson Infrastructure Group (NASDAQ: MIGI) reported strong growth in December 2024, with Digital Colocation Monthly Revenue increasing 69% year-over-year to $4.49 million and Total Monthly Revenue reaching $5.26 million, up 7% month-over-month. The company's Total Current Operating Hash Rate stands at 4.98 EH/s, with expectations to reach 5.10 EH/s following recent developments.
The company recently secured a new 12-month digital colocation agreement with a NASDAQ-listed company for 5,880 miners (approximately 20 MW). Upon completion of this deployment, Mawson will operate about 41,500 miners. The company's current operating capacity of 129 MW is expected to expand to 153 MW with the completion of its Ohio facility in 2025.
Monthly Energy Management Business Revenue increased 25% month-over-month to $0.41 million, while Digital Assets Mining Monthly Business Revenue was $0.36 million in December 2024.
Mawson Infrastructure Group (NASDAQ: MIGI) has signed a new 12-month digital colocation agreement with an unnamed NASDAQ-listed company on January 3, 2025. The agreement covers services for 5,880 miners, utilizing approximately 20 MW of capacity at Mawson's facilities, with potential for future expansion.
Upon deployment completion, Mawson expects to manage approximately 41,508 miners with a combined operating hashrate of 5.10 EH/s across its facilities. The company currently operates at 129 MW capacity and is developing an additional site in Ohio that will add 24 MW, bringing total operating capacity to 153 MW.
The agreement strengthens Mawson's position in the PJM market, North America's largest competitive wholesale power market, and aligns with their strategy of optimizing digital infrastructure assets while providing enterprise-class compute solutions.
Mawson Infrastructure Group (NASDAQ: MIGI) released its November 2024 operational update, highlighting significant growth in its digital infrastructure business. The company reported a 111% year-over-year increase in Monthly Digital Colocation Revenue, reaching $4.18 million compared to $1.98 million in November 2023.
Total Monthly Revenue reached $4.91 million, showing a 2% Y/Y and 0.5% M/M growth. The company maintains a Current Total Operating Capacity of 129 MW, expected to expand to 153 MW upon completion of its Ohio facility. The Combined Total Current Operating Hash Rate stands at approximately 4.98 EH/s, including both colocation and self-mining operations.
Mawson Infrastructure Group (NASDAQ: MIGI) has responded to false media reports about filing voluntary Chapter 11. The company clarifies that Australian entities, W Capital Advisors Fund and Marshall Investments MIG Trust, have filed an involuntary Chapter 11 petition against them. Mawson's Board intends to vigorously defend against this filing and continues normal operations.
The company has raised concerns about W Capital Advisors and former director James Manning being related parties. Manning is under investigation by Mawson's Audit Committee regarding dealings with W Capital and other matters. Mawson is also involved in litigation with Vertua Property, related to Manning and affiliated with W Capital, regarding alleged self-dealing and breach of contract for their Sharon, PA property.
Mawson Infrastructure Group (NASDAQ: MIGI) announced it will ring the Closing Bell at NASDAQ on November 21, 2024. CEO Rahul Mewawalla, along with the board of directors and management team, will participate in the ceremony at the Nasdaq MarketSite in Times Square, New York City. The event celebrates the company's recent accomplishments in digital infrastructure platforms for artificial intelligence, high-performance computing, and digital assets markets. The ceremony will be broadcasted globally and streamed live from 3:45 p.m. to 4:00 p.m. ET.
Mawson Infrastructure Group (NASDAQ: MIGI) reported strong growth in October 2024, with total monthly revenue reaching $4.89 million, up 49% year-over-year and 18% month-over-month. The company's Digital Colocation business generated $3.96 million in monthly revenue, showing significant growth from $0.08 million in October 2023. Energy Management revenue was $0.70 million, up 13% month-over-month, while Digital Assets Mining revenue reached $0.22 million, increasing 25% from September 2024.
Mawson Infrastructure Group (NASDAQ: MIGI), a technology company specializing in digital infrastructure platforms for AI, high-performance computing, and digital assets, has announced its participation in the Roth 13th Annual Technology Conference in New York City, November 19-20, 2024. CEO and President Rahul Mewawalla and leadership team members will attend the conference, which features meetings with over 100 growth companies in the technology sector. Mewawalla will engage with investors to discuss the company's business strategy and recent developments.
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