Mawson Infrastructure reports January total revenue about $7.06M

Rahul Mewawalla, CEO and President, commented, “We are very pleased to see the continued progress across our three primary business lines and our total revenue in January 2024 growing to triple of our total revenue back in January last year. We were also delighted to recently announce the signing and welcoming of FTI as our newest co-location customer, the third consecutive co-location customer agreement executed by the Company since the start of Q4, 2023. Our operational, technological, and strategic plans continue to advance and we are excited about 2024 ahead for Mawson and our broader industry and ecosystem.” Unaudited January Monthly Operating Results Summary: Total monthly revenue of about $7.06 million or about the equivalent of 174 BTC. More than 3X growth from January 2023 in Total Overall Revenue and about 18% M/M revenue growth. Energy management business revenue of $2.20 million, co-location business revenue of $2.78 million and self-mining revenue of $2.08 million. Expanded our co-location customer base and have now signed three new customers since the start of Q4, 2023. Total Power Capacity was approximately 109 MW with capacity for approximately 35,650 miners