Core Insights - Mawson Infrastructure Group Inc. has signed a new digital colocation customer agreement with a NASDAQ-listed company, enhancing its digital infrastructure services [1][2][3] - The agreement involves providing colocation services for 5,880 miners, equating to approximately 20 MW of capacity, with an initial term of 12 months and potential for extension [2][3] - This agreement is part of Mawson's strategy to optimize its digital infrastructure assets and positions the company as a leading provider in the PJM market, North America's largest competitive power market [3][4] Company Growth and Capacity - Following the new agreement, Mawson expects to manage approximately 41,508 miners and achieve a total operating hashrate of about 5.10 exahashes per second (EH/s) across its facilities [4] - The company is developing an additional site in Ohio, which is projected to add 24 MW to its current operating capacity of 129 MW, bringing the total to 153 MW upon completion [5] Business Strategy - Mawson focuses on providing digital infrastructure platforms for AI, high-performance computing (HPC), and digital assets, aiming to accelerate the digital economy [6] - The company prioritizes the use of carbon-free energy sources, including nuclear energy, to power its digital infrastructure [6]

Core Viewpoint - Mawson Infrastructure Group, Inc. has clarified that it has not filed for voluntary Chapter 11 bankruptcy, contrary to earlier media reports, but is facing an involuntary Chapter 11 petition filed by entities in Australia [1][2]. Group 1: Legal Proceedings - The involuntary Chapter 11 petition was filed by W Capital Advisors Pty Ltd and Marshall Investments MIG Pty Ltd against Mawson, although the company has not yet been formally served [2]. - Mawson's Board of Directors plans to vigorously defend against the involuntary petition if served, and the company intends to continue its operations as usual [2]. - Mawson has expressed concerns regarding the relationship between W Capital Advisors and James Manning, a former board director, and has not received satisfactory responses to these concerns [3]. Group 2: Investigations and Complaints - James Manning is under investigation by Mawson's Audit Committee for his dealings with W Capital Advisors, including ongoing litigation with Vertua Property Inc. related to self-dealing and breach of contract [4]. - Mawson has filed a complaint against Vertua for breach of lease and tortious interference, seeking reinstatement of the lease and damages [6]. - The company believes that the legal actions taken by W Capital Advisors and Marshall Investments are attempts to gain leverage in ongoing disputes [7]. Group 3: Business Operations - Mawson operates digital infrastructure platforms focused on AI, high-performance computing, and digital assets, and has a strategy to utilize carbon-free energy sources [9]. - The company has indicated a potential exit from its entities and holdings in Australia, as it currently has no operating sites or assets in that region [8].

Total Monthly Revenue grew 49% Y/Y from October 2023 and is up 18% M/M from September 2024 Digital Colocation Monthly Revenue grew 18% M/M from September 2024 Digital Assets Mining Monthly Revenue grew 25% M/M from September 2024 MIDLAND, Pa., Nov. 20, 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 digi ...

MIDLAND, Pa., Nov. 19, 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 that CEO and President Rahul Mewawalla, along with members of the leadership team, will be in attendance at the Roth 13th Annual Technology Conference being held November 19-20, 2024, in New Yor ...

Q3 2024 Digital Colocation Business Revenue increased 222% Y/YQ3 2024 Energy Management Business Revenue increased 33% Y/YQ3 2024 Total Revenue increased 50% YTD (9 months) in 2024 MIDLAND, Pa., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson”, “the Company”), a publicly-traded technology company that offers digital infrastructure platforms for artificial intelligence (AI), high-performance computing (HPC), and digital assets, today announced its unaudited financia ...

Total Monthly Revenue up 65% Y/Y from September 2023 Energy Management Revenue up 271% Y/Y from September 2023 Digital Colocation Business Grows to Multi-Million Dollar Monthly Revenue in one year, up from zero in September 2023, with diversified enterprise-grade customer base Phase 1 of construction completed at Ohio Facility, expected to increase Mawson's Total Capacity to 153 MW upon full completion MIDLAND, Pa., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson" ...

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 Million1 Signed AI Customer Colocation LOI for AI and HPC Expansion to 144 MW Expanded to Ohio with 24 MW Planned Capacity, Expected t ...

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 Sta ...

Digital Assets Colocation Monthly Revenue up 54% Y/Y from July last year Recently Expanded into AI (Artificial Intelligence) and HPC (High-Performance Computing) Markets AI/HPC Colocation Agreement Recently Signed Expected to Generate Cumulative Revenue Potential of $285 Million1 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 Asse ...

Financial Results Announcement - Mawson Infrastructure Group Inc. announced unaudited results for Q2 2024 ending June 30, 2024[2] - The company issued a press release on August 19, 2024, detailing the Q2 2024 financial results[2] Risk Factors and Forward-Looking Statements - Forward-looking statements in the report are subject to risks and uncertainties, including capital raising, digital asset network development, and cryptocurrency volatility[2] - The company highlighted potential risks such as slower-than-expected growth in AI, HPC, and accelerated computing technologies[2] Strategic Focus and Infrastructure Development - Mawson Infrastructure Group Inc. emphasized the importance of timely digital infrastructure build-out to meet revenue expectations[2] Regulatory Filings and Reports - The company referenced its Annual Report on Form 10-K filed on April 1, 2024, and Quarterly Reports on Form 10-Q filed on August 21, 2023, November 13, 2023, May 15, 2024, and August 19, 2024[2] Leadership and Signatory - The report was signed by Rahul Mewawalla, CEO and President, on August 19, 2024[3]