Mawson Infrastructure Sees 166% Year-on-Year Growth in Digital Colocation
Monday, 16 September 2024, 10:57
Exceptional Growth for Mawson Infrastructure
Mawson Infrastructure (MIGI) announced a substantial uptick in its financial performance, with August revenue reaching $4.44 million. This figure represents a notable year-on-year increase, driven primarily by the flourishing digital colocation sector.
Key Highlights and Figures
- Total monthly revenue stood at $4.44 million.
- Digital colocation business revenue surged to $3.43 million.
- Growth rate for digital colocation reached an impressive 166% year-on-year.
- Sequential growth of 25% was also recorded.
The financial boost signals increasing demand for digital colocation services as more businesses recognize the importance of reliable infrastructure.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.