SHARON

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

Retrieved on: 
Thursday, April 18, 2024

MIDLAND, Pa., April 18, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for March 2024.

Key Points: 
  • MIDLAND, Pa., April 18, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for March 2024.
  • We are also excited to grow our self-mining business revenue by 182% Y/Y and grow our co-location business revenue by 54% Y/Y.
  • In addition, we are delighted to expand our co-location customer agreement and to grow our business with our enterprise customers.
  • Mawson’s Bellefonte facility continues to operate at approximately 8.8 MW of capacity and is used entirely for self-mining purposes.

Mawson Infrastructure Group Inc. Announces New Board Chair

Retrieved on: 
Monday, April 15, 2024

MIDLAND, Pa., April 15, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, announced that the Board of Directors of the Company has appointed Ryan Costello as the Chair of the Company’s Board of Directors effective April 9, 2024.

Key Points: 
  • MIDLAND, Pa., April 15, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson” or the “Company”), a digital infrastructure provider, announced that the Board of Directors of the Company has appointed Ryan Costello as the Chair of the Company’s Board of Directors effective April 9, 2024.
  • Mr. Ryan Costello has served as a board member of Mawson Infrastructure Group Inc. since October 2023.
  • This board chair appointment further advances Mawson’s corporate strategy to enhance its focus on U.S. operations and pipeline of growth opportunities.
  • As we progress our transformation ahead, we are looking forward to enhancing our digital infrastructure platform capabilities across self-mining, co-location, and energy management.”

Mawson Infrastructure Group Inc. Reports Q4 and Fiscal Year 2023 Financial Results

Retrieved on: 
Monday, April 1, 2024

MIDLAND, Pa., April 01, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson”, the Company), a digital infrastructure company, today announced its financial and operational results for the fourth quarter and fiscal year 2023 ended December 31, 2023.

Key Points: 
  • MIDLAND, Pa., April 01, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson”, the Company), a digital infrastructure company, today announced its financial and operational results for the fourth quarter and fiscal year 2023 ended December 31, 2023.
  • “We are delighted with Q4 2023 being a robust quarter of growth and a significant step forward in a transformational year for Mawson,” said Rahul Mewawalla, CEO and President of Mawson.
  • “In Q4, we signed new enterprise co-location customers and rapidly grew our co-location business revenue by 52% this quarter compared to last quarter.
  • I am grateful to our organization, our customers, and our partners as we advanced our operational, technological, and strategic plans.

Mawson Infrastructure Group Expands Co-Location Business

Retrieved on: 
Wednesday, March 27, 2024

MIDLAND, Pa., March 27, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced that it has expanded its co-location business.

Key Points: 
  • Expands Enterprise Customer Co-Location Agreement after 3 Consecutive Co-Location Customer Agreements Executed and Implemented since the start of Q4, 2023
    MIDLAND, Pa., March 27, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced that it has expanded its co-location business.
  • Rahul Mewawalla, CEO and President, commented, “We are very pleased to increase and grow our co-location services business.
  • The initial Customer Agreement signed on October 12, 2023, between wholly owned subsidiaries of Mawson and Consensus, for co-location business services was approximately 15,876 miners or approximately 50 MW.
  • In addition to its co-location services business, Mawson operates self-mining bitcoin and energy management businesses.

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

Retrieved on: 
Tuesday, March 19, 2024

MIDLAND, Pa., March 19, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for February 2024.

Key Points: 
  • February Self-Mining Business Revenue up 159% Y/Y and up 23% M/M, about $2.56 million
    February Co-Location Business Revenue about $2.70 million, represents about 62 MW and 19,400 miners
    MIDLAND, Pa., March 19, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for February 2024.
  • We are also pleased with the 23% M/M growth in our self-mining business, despite the significant recent increase in network difficulty.
  • Our core operational, technological, and strategic plans continue to advance with our growing role in the industry and our ecosystem.”
    Total monthly revenue increased 141% Y/Y to about $5.42 million and the equivalent of 109 BTC1.
  • Mawson’s Bellefonte facility continues to operate at approximately 8.8 MW of capacity and is used entirely for self-mining purposes.

The Possible Woman Magazine Unveils 11 Uplifting Powerful Stories on International Women's Day; Publication founder celebrates women entrepreneurship with special edition

Retrieved on: 
Monday, February 26, 2024

TAMPA, Fla., Feb. 26, 2024 /PRNewswire-PRWeb/ -- Marking the first anniversary of The Possible Woman Magazine, Sharon Ringiér, the publication's founder and creator of the I'm Possible Women's Empowerment Collaborative is launching a special edition called "HERstory Unveiled: Celebrating Leading Women" on International Women's Day, March 8.

Key Points: 
  • TAMPA, Fla., Feb. 26, 2024 /PRNewswire-PRWeb/ -- Marking the first anniversary of The Possible Woman Magazine , Sharon Ringiér, the publication's founder and creator of the I'm Possible Women's Empowerment Collaborative is launching a special edition called "HERstory Unveiled: Celebrating Leading Women" on International Women's Day, March 8.
  • This special edition is an opportunity to inspire aspiring entrepreneurs by showcasing what's possible."
  • The edition will showcase the achievements and inspiring stories of 11 female entrepreneurs, including Ringiér.
  • This platform is also the driving force behind the success of The Possible Woman Magazine, a publication dedicated to empowering and supporting female entrepreneurs.

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

Retrieved on: 
Friday, February 16, 2024

PITTSBURGH, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for January 2024.

Key Points: 
  • 3X Growth in Total Revenue from January last year, and revenue up about 18% M/M
    PITTSBURGH, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for January 2024.
  • Our operational, technological, and strategic plans continue to advance and we are excited about 2024 ahead for Mawson and our broader industry and ecosystem.”
    Total monthly revenue of about $7.06 million or about the equivalent of 174 BTC1.
  • Energy management business revenue of $2.20 million, co-location business revenue of  $2.78 million and self-mining revenue of $2.08 million.
  • Mawson’s Bellefonte facility continues to operate at approximately 8.8 MW of capacity and is used entirely for self-mining purposes.

Independence Pet Holdings Names Sharon Fernandez Chief Executive Officer

Retrieved on: 
Tuesday, February 13, 2024

SCOTTSDALE, Ariz., Feb. 13, 2024 /PRNewswire/ -- Independence Pet Holdings ("IPH"), one of North America's leading pet insurance organizations, today announced the appointment of Sharon Fernandez as Chief Executive Officer, effective immediately.

Key Points: 
  • SCOTTSDALE, Ariz., Feb. 13, 2024 /PRNewswire/ -- Independence Pet Holdings ("IPH"), one of North America's leading pet insurance organizations, today announced the appointment of Sharon Fernandez as Chief Executive Officer, effective immediately.
  • IPH is an affiliate of JAB Pet Holdings, a leading global pet insurance organization, and the parent company of Independence Pet Group, Embrace and Pumpkin.
  • In addition, IPH owns PetPlace, a diverse portfolio of pet health and wellness services including pet adoption solutions and lost pet recovery services.
  • "I'm excited to announce the appointment of Sharon, which helps further our mission of building a better future for pets and pet parents," said Dirk Beeckman, CEO of JAB Pet Holdings.

Mawson Infrastructure Group Inc. Executes Another Customer Co-Location Agreement

Retrieved on: 
Tuesday, February 6, 2024

PITTSBURGH, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, is pleased to announce that the Company has signed a new co-location agreement between a wholly-owned subsidiary of Mawson and a wholly-owned subsidiary of Faith Technologies Incorporated (FTI).

Key Points: 
  • PITTSBURGH, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, is pleased to announce that the Company has signed a new co-location agreement between a wholly-owned subsidiary of Mawson and a wholly-owned subsidiary of Faith Technologies Incorporated (FTI).
  • The new customer co-location agreement is for Mawson to provide FTI with co-location services for approximately 1,176 miners or approximately 4 MW at Mawson’s Midland, Pennsylvania facilities with future potential capacity expansion with Mawson upon mutual agreement.
  • The FTI customer co-location agreement is the third co-location customer agreement executed by Mawson since the start of Q4, 2023, which develops a multi-customer base for Mawson’s co-location business and also provides for additional growth opportunities for Mawson capabilities and business.
  • In addition to its facilities at Midland, Mawson has another site located in Bellefonte, Pennsylvania, which is used entirely for self-mining purposes.

Mawson Infrastructure Group Inc. Announces Monthly Operational Update for December 2023

Retrieved on: 
Tuesday, January 16, 2024

PITTSBURGH, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for December 2023.

Key Points: 
  • December Total Revenue of about $5.97 million, up 24% M/M
    PITTSBURGH, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson” or the “Company”), a digital infrastructure company, announced today its unaudited business and operational update for December 2023.
  • The Krypton deployment follows the completed deployment of the Company’s other co-location customer Consensus Technology Group (“Consensus”) for approximately 15,876 miners or approximately 50 MW.
  • As disclosed in Mawson’s previous filings, Mawson has reserved all rights and believes that Mawson is owed at least $2 million from CleanSpark, Inc.
  • Mawson further contests that Celsius’ case against it should proceed in the bankruptcy court at all.