Mawson Infrastructure Group Inc. announced that it has further expanded its digital co-location business. On June 14, 2024, Mawson signed a new 20 MW co-location customer agreement with Krypton Technologies LLC and per the new customer agreement, Mawson is expected to deploy about an additional 5,880 customer mining units that will further expand Mawson?s digital co-location services platforms business. The 20 MW expansion of Mawson's Midland Pennsylvania facility, announced on April 30, 2024, is progressing well and will increase the facility's total operating capacity to 120 MW, with a capacity for about 38,810 miners for self-mining or co-location business services.

The planned expansion at the Company?s Midland facility to 120 MW along with the 8.8 MW of self-mining capacity at the Company's Bellefonte, Pennsylvania facility, is expected to increase Mawson's total combined capacity across its facilities to approximately 129 MW or about 41,530 miners. In addition to its digital co-location services business, Mawson operates self-mining bitcoin and energy management businesses.