Core Insights - Mawson Infrastructure Group has successfully completed the expansion of its Midland, Pennsylvania facility, increasing its operational capacity significantly in the PJM market for Bitcoin mining [1][2] Group 1: Expansion Details - The Midland facility's power capacity has been expanded by 20% to approximately 120 MW from 100 MW, supporting around 38,810 ASIC miners [2] - The total operational capacity of Mawson across its Pennsylvania facilities now stands at approximately 129 MW, accommodating 41,530 miners [1][2] Group 2: Market Position and Future Outlook - The expanded site is expected to be one of the largest operating sites in the PJM market among North American public Bitcoin mining companies, highlighting Mawson's strategic positioning in a growing hub for digital infrastructure [2] - The company emphasizes its commitment to innovation and growth in the digital economy, particularly in the areas of digital assets and high-performance computing [3]

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 Increases Mawson's Total Operational Capacity to approximately 129 MW and 41,530 Miners Rahul Mewawalla, CEO and President of Mawson, commented, "We are pleased to have successfully completed the expansion of our Midland, Pennsylvania facilities quickly within 60 days of our announcing our growth plans back in April this year. With this ...

Energy Management Revenue up 139% Y/Y from May last year Rahul Mewawalla, CEO and President, commented, "We are pleased with the growth of our digital platforms with 85% year-over-year revenue growth of our digital co-location business and 139% year-over-year revenue growth of our energy management business, compared to May of last year. We have continued to expand our enterprise grade co-location customer relationships and have also advanced our strong operational and technological capabilities across all ...

Core Insights - Mawson Infrastructure Group Inc. reported significant growth in its revenue, with Energy Management Revenue increasing by 139% year-over-year and Digital Co-Location Business Revenue rising by 85% year-over-year [1][8] - The overall monthly revenue for May 2024 reached approximately $4.46 million, reflecting a 19% increase year-over-year, equivalent to about 70 BTC [8] Revenue Breakdown - Energy Management Business Revenue increased to $0.97 million, marking a 139% year-over-year growth [8] - Digital Co-Location Business Revenue rose to $2.76 million, representing an 85% year-over-year increase [8] - Self-Mining Business Revenue was reported at $0.74 million [8] Capacity Expansion - The total power capacity across the company's facilities is approximately 109 MW, with the expansion of the Midland facility expected to add 20 MW, bringing the total capacity to about 129 MW and accommodating around 41,530 miners [8] Operational Highlights - The company has continued to enhance its enterprise-grade co-location customer relationships and has advanced its operational and technological capabilities across its three business segments: self-mining, digital co-location services, and energy management [8] Upcoming Events - Mawson Infrastructure Group is scheduled to participate in several industry conferences and events throughout 2024, including Mining Disrupt in June and Bitcoin 2024 in July [3][9]

Further Growth of 24% in Overall Digital Co-Location Services Business Expanding to about 31,164 Miners or about 102 MW MIDLAND, Pa., June 18, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) ("Mawson" or the "Company"), a digital infrastructure company, announced that it has further expanded its digital co-location business. On June 14, 2024, Mawson signed a new 20 MW co-location customer agreement with Krypton Technologies LLC and per the new customer agreement, Mawson is expected t ...

Investor Contact: Investor Relations Team IR@mawsoninc.com Further Growth of 24% in Overall Digital Co-Location Services Business Expanding to about 31,164 Miners or about 102 MW Increases Digital Co-Location Services Business by about another 5,880 Miners or about another 20 MW MIDLAND, Pa., June 18, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) ("Mawson" or the "Company"), a digital infrastructure company, announced that it has further expanded its digital co-location business. R ...

Conferences and Events Update Mawson has planned for its CEO and President, Rahul Mewawalla to join the following upcoming conferences and events. Please contact IR@Mawsoninc.com for further information. Total Overall Revenue up 65% Y/Y from April last year Self-Mining Business Revenue up 73% Y/Y from April last year Co-Location Business Revenue up 105% Y/Y from April last year Announced 20 MW Expansion Plan increasing total capacity to 129 MW MIDLAND, Pa., May 20, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastruc ...

Self-Mining Business Revenue up 73% Y/Y from April last year Co-Location Business Revenue up 105% Y/Y from April last year Announced 20 MW Expansion Plan increasing total capacity to 129 MW Total Overall Revenue up 65% Y/Y from April last year Statements in the press release about hashrate capacity (including 'installed capacity' or 'nameplate capacity'), will often differ from the actual or observed hashrate. These terms generally make certain assumptions about the efficiency of the ASIC miners that are in ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 15, 2024 Mawson Infrastructure Group Inc. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorporation) Delaware 001-40849 88-0445167 (Commission File Number) (I.R.S. Employer Identification No.) 950 Railroad Avenue Midland, Pennsylvania 15059 (Addres ...

Core Insights - Mawson Infrastructure Group Inc. reported a total revenue increase of 145% year-on-year and 34% quarter-on-quarter for Q1 2024, reaching $18.77 million [3] - The co-location business revenue grew by 90% year-on-year and 83% quarter-on-quarter, amounting to $8.23 million [3] - The energy management business saw a significant increase of 461% year-on-year and 2% quarter-on-quarter, totaling $2.47 million [3] - The company optimized its selling, general and administrative (SG&A) expenses, reducing them by 30% year-on-year and 19% quarter-on-quarter to $3.46 million [3] Financial Performance - Q1 2024 total revenue was $18.77 million, reflecting a 145% increase compared to the same quarter last year and a 34% increase from the previous quarter [3] - Co-location business revenue reached $8.23 million, marking a 90% year-on-year increase and an 83% quarter-on-quarter increase [3] - Energy management business revenue was $2.47 million, showing a 461% year-on-year increase and a 2% quarter-on-quarter increase [3] - The company produced 140 BTC during Q1 2024 [3] Operational Developments - Mawson executed an additional co-location agreement with an enterprise customer, expanding its co-location business capacity to a total of 82 MW [3] - Plans to expand digital infrastructure capacity at Midland facilities by an additional 20 MW, increasing total capacity to 120 MW [2] Cost Management - The company successfully reduced Q1 2024 SG&A expenses by 30% year-on-year and 19% quarter-on-quarter, bringing the total to $3.46 million [3] Future Outlook - The CEO expressed optimism about the company's strategic, operational, and technological plans for 2024, indicating a focus on enhancing digital infrastructure platforms and exploring growth opportunities [2] Conferences and Events - Mawson's CEO is scheduled to participate in several upcoming conferences and events throughout 2024, including the Consensus in May and the Bitcoin 2024 in July [4][5]