Mawson Infrastructure Group (MIGI) Issues Monthly 2024 Operational Update
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/27/2026
- S&P 500 ends lower; chips tumble and Moderna rallies
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
Mawson Infrastructure Group Inc. Announces Monthly Operational Update for August 2024
September 16, 2024 6:01 AM EDTDigital 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 to Increase Total Capacity to 153 MW Upon Completion
MIDLAND, Pa., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Mawson... More
