Brief: Mawson Infrastructure Group Inc. Announces The Signing Of Ai/Hpc Colocation Agreement For 20 MW

Big Digital Energy

12/08/2024 14:10

Aug 12 (Reuters) - Mawson Infrastructure Group Inc
 MIGI.O :
    * MAWSON INFRASTRUCTURE GROUP INC. EXPANDS INTO AI AND HPC
MARKETS
AND ANNOUNCES THE SIGNING OF AI/HPC COLOCATION AGREEMENT FOR 20
MW
    * SIGNS SEPARATE NON-BINDING LOI TO EXPAND AI/HPC COLOCATION
BUSINESS TO 144 MW
    * INITIAL 20 MW CAPACITY COULD GENERATE ABOUT $92 MILLION OF
POTENTIAL REVENUE DURING FIRST 2-YEARS OF DEAL
    * INITIAL 20 MW CAPACITY COULD GENERATE ABOUT $285 MILLION
OF
TOTAL CUMULATIVE REVENUE OVER 6-YEAR INITIAL CONTRACT TERM

Source text for Eikon:  ID:nGNX7PPFjJ 
Further company coverage:  MIGI.O 

 ((Reuters.Briefs@thomsonreuters.com;))