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 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 million 1 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 infrastructure group inc. (nasdaq: migi) (“mawson” or “the company”), a publicly-traded technology company focused on digital infrastructure platforms for artificial intelligence (ai), high-performance computing (hpc), and digital assets markets, today announced its unaudited business and operational update for august 2024.
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