Mawson Infrastructure Group, Inc. is a digital infrastructure company. Co. operates data centers for the generation of Bitcoin cryptocurrency (also known as Bitcoin mining), in the U.S.. Co. has three primary businesses, including digital currency or Bitcoin self-mining, customer co-location and related services, and energy markets. Bitcoin mining involves the use of specialized computers (Miners) to solve algorithmic problems in order to update the distributed or decentralized ledger of Bitcoin transactions securely. It offers other businesses and customers in the digital assets industry the opportunity to have their Miners and other equipment located within its facilities. We show 19 historical shares outstanding datapoints in our MIGI shares outstanding history coverage, used to compute MIGI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MIGI market cap history over the course of time is important for investors
interested in comparing MIGI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of MIGI versus a peer is one thing; comparing
MIGI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MIGI can fluctuate over the course of history.
With this page we aim to empower investors researching MIGI by allowing them to research the MIGI market cap history. |
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Video: The Importance of Market Cap
