Mawson Infrastructure Group Inc. (MIGI)

NASDAQ: MIGI · Real-Time Price · USD
0.3822
-0.0178 (-4.45%)
Apr 17, 2025, 4:00 PM EDT - Market closed
-4.45%
Market Cap 7.18M
Revenue (ttm) 59.27M
Net Income (ttm) -46.13M
Shares Out 18.79M
EPS (ttm) -2.59
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 102,018
Open 0.4107
Previous Close 0.4000
Day's Range 0.3810 - 0.4107
52-Week Range 0.3500 - 2.4500
Beta 4.36
Analysts Hold
Price Target n/a
Earnings Date May 14, 2025

About MIGI

Mawson Infrastructure Group Inc. develops and operates digital infrastructure for digital currency on the bitcoin blockchain network in the United States. It engages in digital currency or bitcoin self-mining, customer co-location and related services, and energy markets, as well as operates data center facilities. The company is based in Midland, Pennsylvania. [Read more]

Industry Capital Markets
Sector Financials
Founded 2012
Employees 33
Stock Exchange NASDAQ
Ticker Symbol MIGI
Full Company Profile

Financial Performance

In 2024, MIGI's revenue was $59.27 million, an increase of 36.02% compared to the previous year's $43.57 million. Losses were -$46.13 million, -23.65% less than in 2023.

Financial Statements

News

Mawson Infrastructure Group Inc. Announces Participation in Upcoming Conferences and Events

MIDLAND, Pa., April 15, 2025 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson" or "the Company"), a publicly-traded technology company focused on digital infrastructure pla...

3 days ago - GlobeNewsWire

Mawson Infrastructure Group Inc. Reports Fiscal Year 2024 Financial Results

136% Y/Y Revenue Growth in Digital Colocation Business 42% Y/Y Revenue Growth in Energy Management Business 35% Y/Y Increase in Overall Gross Profit Expanded into Artificial Intelligence (AI) and High...

21 days ago - GlobeNewsWire

Mawson Infrastructure Group Inc. Executes New Customer Agreement with Canaan Inc., Growing and Expanding Digital Colocation Business with Latest-Gen ASICs

MIDLAND, Pa., March 26, 2025 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded technology company focused on digital infrastructure pla...

23 days ago - GlobeNewsWire

Canaan Inc. Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results

Total revenues of US$88.8 million exceeds guidance, up 80.9% YoY Total computing power sold achieves record high of 9.1 million TH/s, up 65.9% YoY Bitcoin mining revenues reach US$15.3 million, up 312...

Other symbols: CAN
23 days ago - PRNewsWire

Canaan Inc. Expands Self-Mining Footprint in North America

New mining partnerships to add ~4.7 EH/s M ining machines to be hosted at facilities in Pennsylvania and Texas Self-mining energization expected in coming months SINGAPORE , March 26, 2025 /PRNewswire...

Other symbols: CAN
23 days ago - PRNewsWire

Mawson Infrastructure Group Inc. Announces Participation in Metro Connect USA 2025

MIDLAND, Pa., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded technology company focused on digital infrastructure plat...

7 weeks ago - GlobeNewsWire

Mawson Infrastructure Group Releases Updated Company Presentation – 136% Y/Y Revenue Growth in Digital Colocation Business, 36% Y/Y Revenue Growth in Total Revenue, and 31% Y/Y Operating Hash Rate Growth

MIDLAND, Pa., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson" or "the Company"), a publicly-traded technology company focused on digital infrastructure plat...

2 months ago - GlobeNewsWire

Mawson Infrastructure Group Inc. Appoints William C. Regan as Chief Financial Officer

MIDLAND, Pa., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded technology company focused on digital infrastructure plat...

3 months ago - GlobeNewsWire

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for December 2024

Digital Colocation Monthly Revenue grew 69% Y/Y from December 2023 Total Current Operating Hash Rate (EH) about 4.98 EH/s and expected to grow to about 5.10 EH/s given new developments announced in ea...

3 months ago - GlobeNewsWire

Mawson Infrastructure Group Inc. Executes New Customer Agreement Growing and Expanding Digital Colocation Business

MIDLAND, Pa., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded technology company focused on digital infrastructure plat...

3 months ago - GlobeNewsWire

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for November 2024

Total Monthly Digital Colocation Revenue grew 111% Y/Y in November 2024 Total Current Operating Hash Rate (EH) of about 4.98 EH/s, with current total operating capacity of 129 MW and expected to grow ...

4 months ago - GlobeNewsWire

Mawson Infrastructure Group Inc. Responds to Recent Report

MIDLAND, Pa., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group, Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded technology company focused on digital infrastructure pla...

4 months ago - GlobeNewsWire

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for October 2024

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 gre...

5 months ago - GlobeNewsWire

Mawson Infrastructure Group Inc. to Present at Roth 13th Annual Technology Conference

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 plat...

5 months ago - GlobeNewsWire

Mawson Infrastructure Group Inc. Reports Q3 2024 Unaudited Financial Results

Q3 2024 Digital Colocation Business Revenue increased 222% Y/Y Q3 2024 Energy Management Business Revenue increased 33% Y/Y Q3 2024 Total Revenue increased 50% YTD (9 months) in 2024 MIDLAND, Pa., Nov...

5 months ago - GlobeNewsWire

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for September 2024

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...

6 months ago - GlobeNewsWire

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for August 2024

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 Compu...

7 months ago - GlobeNewsWire

Mawson Infrastructure Group Expands to Ohio for AI/HPC Expansion

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 F...

8 months ago - GlobeNewsWire

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for July 2024

Digital Assets Colocation Monthly Revenue up 54% Y/Y from July last year Recently Expanded into AI (Artificial Intelligence) and HPC (High-Performance Computing) MarketsAI/HPC Colocation Agreement Rec...

8 months ago - GlobeNewsWire

Mawson Infrastructure Group Inc. Reports Q2 2024 Financial Results

Q2 Digital Colocation Business Revenue increased 77% Y/Y Q2 Energy Management Business Revenue increased 70% Y/Y Company Optimized and Reduced Q2 SG&A Expenses by 42% Y/Y Q2 2024 Total Revenue Increas...

8 months ago - GlobeNewsWire

Mawson Infrastructure Group Inc. to Join World Summit AI (Artificial Intelligence) in October 2024

MIDLAND, Pa., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson" or "the Company"), a publicly traded digital infrastructure company headquartered in the Unite...

8 months ago - GlobeNewsWire

Mawson Infrastructure Group Inc. Expands into AI and HPC Markets and Announces the Signing of AI/HPC Colocation Agreement for 20 MW

Initial AI/HPC (Artificial Intelligence/High-Performance Computing) Colocation Agreement Signed Expected to Generate Cumulative Revenue Potential of $285 Million 1 through 6-Year Initial 20 MW Contrac...

8 months ago - GlobeNewsWire

Mawson Infrastructure Group Inc. to Present at the 2024 Gateway Conference in San Francisco, CA

MIDLAND, Pa., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly traded digital infrastructure company, announced that it will be...

9 months ago - GlobeNewsWire

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for June 2024

Digital Colocation Business Revenue up 56% Y/Y from June last year Energy Management Revenue up 262% Y/Y from June last year Completed 20 MW Facility Expansion Increasing Total Capacity to 129 MW and ...

9 months ago - GlobeNewsWire

Mawson Infrastructure Group Announces Several Recent New Hires to Further Drive Transformation and Growth Initiatives

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 ...

9 months ago - GlobeNewsWire