Digital Colocation Business Revenue up 56% Y/Y from June last year Expands Digital Colocation Business and Digital Computation Expertise with Enterprise Customer for about 5,880 IceRiver KAS KS3M Miners to mine Kaspa (KAS) Unaudited June Monthly Operating Results Summary 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. About Mawson Infrastructure Group, Inc. Statements in the press re ...

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. Max Franklin has joined Mawson as Director of Strategic Partnerships and Sales to help expand the Company's business across AI (Artificial In ...

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. Rahul Mewawalla, CEO and President of Mawson, commented, "Our industry and company is in an exciting phase of transformation and growth. Digi ...

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 ...