Mawson Infrastructure Group Soars 9.7% on Revenue Surge, AI Expansion
1min read Mawson Infrastructure Group Inc. (NASDAQ: MIGI) saw a 9.7% increase in pre-market trading on March 31, 2025, reflecting a positive outlook for the company's recent financial performance and strategic initiatives.
Mawson Infrastructure Group reported a significant 136% year-over-year revenue growth in its digital colocation business, along with a 42% increase in energy management revenue. The company also expanded into the artificial intelligence (AI) and high-performance computing (HPC) markets, further diversifying its revenue streams. These developments are expected to drive future growth and enhance the company's competitive position in the digital infrastructure sector.
Additionally, mawson Infrastructure Group announced a new customer agreement with canaan inc., a leading manufacturer of ASIC mining hardware. This partnership is set to expand Mawson's digital colocation business, leveraging the latest-generation ASICs to enhance operational efficiency and scalability. The agreement underscores Mawson's commitment to staying at the forefront of technological advancements in the digital infrastructure industry.
Ask Aime: What is the outlook for MIGI's growth in the AI and HPC markets?
