Mawson infrastructure group inc. sells greenfield texas sites for $8.5m

Sharon, pa.--(business wire)--mawson infrastructure group inc. (nasdaq: migi) (“mawson'' or the “company”), a digital infrastructure provider, announces today that it has signed and closed a binding sale agreement for mawson's greenfield sites in midland, tx, effective april 18, 2023. the sale price was $8.5m in cash and stablecoins. the transaction involved the sale of 100% of mawson's subsidiary luna squares texas llc, which held the relevant lease agreements and related contracts.
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