Mawson Infrastructure Group Inc (MIGI) Quote

Double bottom and oversold.
Expecting some news or a block buy that would check the resistances around 1.40-1.50

MIGI...................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783

MIGI.............................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783

Yes, but 78% up from the bottom yesterday is much less than the 60+% drop yesterday from where it had been trading. MIGI was trading up above $2 on Tuesday. It will get sorted out, but there has been the appearance of something very wrong here for some time given that MIGI has been a pure bitcoin play, yet it floundered down at these depths while Bitcoin went up by 200 and 300%.

tomorrow rebound

Looks like a good bounce play here.

MIGI...........................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783

ALL OUT

migi monster

MIGI: I dumped my @TARA for big profit, & then grabbed this puppy as fast as I could!!!

Rebound in process$$$

MIGI DRIVING NORTH

MIGI: Makes one wonder if this whole, CLOSED-DOWN-64%-&-THEN-UP-78%, in one day was an INSIDE job set-up by the MIGI firm itself!!!

MIGI BLOWING UP

MIGI: 78% up behind that PR.

Mawson Infrastructure Group Inc. Responds to Recent Report
MIDLAND, Pa., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group, Inc. (NASDAQ: MIGI) (“Mawson” or “the Company”), a publicly-traded technology company focused on digital infrastructure platforms for artificial intelligence (AI), high-performance computing (HPC), and digital assets markets, notes that a media outlet earlier today falsely reported that the Company has filed a voluntary Chapter 11 petition.

Rather, entities in Australia, including W Capital Advisors Pty Ltd as trustee for the W Capital Advisors Fund and Marshall Investments MIG Pty Ltd as trustee for the Marshall Investments MIG Trust, have filed an involuntary Chapter 11 petition against the Company. The Company has not yet been formally served with an involuntary petition; however, if served, the Company’s Board of Directors intend to vigorously defend the Company against such a filing to the full extent of the law. Mawson expects to continue to operate as usual and execute its business plan accordingly.

The Company has previously corresponded with W Capital Advisors Pty Ltd as trustee for the W Capital Advisors Fund and its representatives, and the Company has expressed significant concerns about W Capital Advisors Pty Ltd as trustee for the W Capital Advisors Fund and James Manning, a former board director and executive of the Company, being related parties. Neither W Capital nor James Manning have responded to the Company’s concerns in a manner satisfactory to the Company.

James Manning is also the subject of an investigation by the Company’s Audit Committee related to his dealings with W Capital Advisors Pty Ltd as trustee for the W Capital Advisors Fund – among several other matters – including current litigation with an entity related to Manning, Vertua Property Inc. (“Vertua”), regarding alleged self-dealing, breach of contract, and tortious interference with a business relationship.

Notably, Vertua is a company not only related to James Manning, but also affiliated with Darron Wolter of W Capital Advisors Pty Ltd as trustee for the W Capital Advisors Fund.

The Company filed a complaint in The Court of Common Pleas of Mercer County, Pennsylvania (file number 2024-2332) on October 17, 2024 against Vertua as landlord for the Company’s Sharon, PA property for breach of the lease agreement and wrongful termination of the lease, as well as for tortious interference with a business relationship. The Company is seeking reinstatement of the lease, compensatory damages, disgorgement of revenue, and exemplary and punitive damages, as well as reimbursement for its costs and litigation expenses.

As per the Company’s most recent 10-Q filing on November 14, 2024, W Capital Advisors Pty Ltd as trustee for the W Capital Advisors Fund and Marshall Investments MIG Pty Ltd as trustee for the Marshall Investments MIG Trust had filed proceedings in Australia, and the Company believes that these entities are using such proceedings in an improper attempt to gain leverage in ongoing legal disputes between the parties. The Company believes that the filing of the involuntary Chapter 11 petition is a continuation of this pattern.

The Company has previously reported through an 8-K filing on March 29, 2024 that the Company may seek to exit certain or all of its entities and holdings in Australia. The Company currently operates facilities in the United States of America and does not have any operating sites or assets in Australia.

About Mawson Infrastructure

Mawson Infrastructure Group (NASDAQ: MIGI) is a technology company that offers digital infrastructure platforms for AI, HPC, and digital assets. The Company’s digital infrastructure platforms can be used to operate computing resources for a number of applications, and are offered across digital assets, artificial intelligence (AI), high-performance computing (HPC) and other computing applications. Our innovation, technology, and operational expertise enables us to operate and optimize digital infrastructure to accelerate the digital economy. The Company has a strategy to prioritize the usage of carbon-free energy sources, including nuclear energy, to power its digital infrastructure platforms and computational machines. For more information, please visit: https://www.mawsoninc.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

The Company cautions that statements in this report that are not a description of historical fact are forward-looking statements

MIGI's creditors filed a bankruptcy petition against Mawson Infrastructure Group (MIGI) this am.

https://news.bloomberglaw.com/crypto/creditors-file-bankruptcy-case-against-mawson-infrastructure

And Snap.

MIGI.......................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783

migi......................https://stockcharts.com/h-sc/ui?s=&p=MIGI&b=5&g=0&id=p86431144783

MIGI.................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783

MIGI...............................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783

MIGI..............https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783

MIGI Looking Primed for move imo

MIGI.........................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783

MIGI.................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783

MIGI...............................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783

MIGI...............................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783

MIGI......................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783

MIGI HODL

MIGI.............................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783

MIGI........................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783

MIGI..........................................https://stockcharts.com/h-sc/ui?s=MIGI&p=W&b=5&g=0&id=p86431144783

MIGI 10Q due 3/27
Next day settlement begins 5/28

There is obviously some sort of problem there. In hindsight, it was a real blessing for me that I had that limit order in to sell at $4.25 on January 11th. I was kind of disappointed when it ran up from there to the $4.40's, but it dropped back quick. Have been thinking of getting back in at some point, and will look at it harder if it dips below $1.00.

I got out a week ago and don’t know what’s up but will look into it

Any insight why MIGI is getting shorted/ hammered while Bitcoin is at recent highs
Even at their 170 production run rate they will
Make over $7 million in February and potentially over $8 million in March that’s over 60% of the market cap in 2 months. Even after halving 170 coins a month will still produce over $5million or 2 1/2 times the market cap?
What am I missing ? Shorts are winning for now !

Any insight why MIGI is getting shorted/ hammered while Bitcoin is at recent highs
Even at their 170 production run rate they will
Make over $7 million in February and potentially over $8 million in March that’s over 60% of the market cap in 2 months. Even after halving 170 coins a month will still produce over $5million or 2 1/2 times the market cap?
What am I missing ? Shorts are winning for now !

This article raises some very interesting points with regard to the current situation with MIGI.

https://www.reddit.com/r/Shortsqueeze/comments/1atehhj/opportunity_knocks_on_a_short_squeezeminer_migi/

Took a position

Bidding

Metrics by Sebastian YT. 21min mark

Thanks. Someone may know something we do not know. I have made serious $$$$$ here twice trading in and out of MIGI, but it may be time for me to move on also.

I won’t post anymore here for a while, time will tell as it’s currently trading like it’s an inverse of BTC price, GLTA

- CVT

Very strange. Something is not right. In retrospect it was a blessing I had that limit order in to sell everything at $4.25. If it dips back below $1.50 I will dip in again, and if it goes back below $1.00, it may be back up the truck time. They just signed another co-location agreement which, with the other recent one, replaces the Celsius machines that were pulled out. MIGI has plenty of power so it is a win-win for them.

Bogus report and the shorts are winning
This is getting very ugly !
That monthly update can’t get out soon enough.

2 Months Ago BTC Price was Lower and MIGI was Double Current Price, Tick Tock

Now its the other way around , Not all will make it thru Halving

You may have seen it on Fidelity but they did not generate it. It appears to be AI generated and is attributed to a firm no one has ever heard of and for which there is no available information. Can you say "Buying Opportunity"?