Major Investor Quietly Ramps Up Its Bet on Mawson Infrastructure Group

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2026.01.23 02:02
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Endeavor Blockchain, LLC has increased its stake in Mawson Infrastructure Group (MIGI) by purchasing 801,279 shares for $4.39 million, indicating institutional confidence. However, MIGI faces legal challenges, including a federal complaint against Endeavor for undisclosed share accumulation and a bankruptcy court proceeding related to a dismissed petition. Analysts view MIGI's financial health as weak, with ongoing losses and negative cash flow, leading to a bearish outlook despite regained Nasdaq compliance. The current market cap is $4.87 million, with a sell signal on technical sentiment.