Mawson Infrastructure Enters Into New Digital Colocation Customer Agreement With Canaan

(RTTNews) - Mawson Infrastructure Group Inc., Wednesday announced that the company has entered into a new agreement with Canaan Inc. (CAN) to provide the latter with digital colocation services.

The deal aligns with the company's strategy of optimizing its digital infrastructure and compute management capabilities working with latest-generation machines.

Under the deal, Mawsons digital infrastructure innovation would be integrated with Canaan's latest hardware innovation, creating a strategic relationship for both the companies and the overall ecosystem.

In the pre-market hours, Mawson's stock is trading at $0.63, up 7.56 percent on the Nasdaq.