Mawson Infrastructure (MIGI) Stock Skyrockets on Crypto Rally and Executive Shakeup
Key Facts: As of Oct. 15, 2025, Mawson Infrastructure (NASDAQ: MIGI) shares are trading around $1.00–1.30, roughly double where they stood a week earlier [1] [2]. The stock jumped +13.36% on Oct. 14 (from $0.88 to $1.00) [3], and has surged nearly 140% over the past two weeks [4]. Drivers include a volatile crypto market and mixed company news. In recent months Mawson signed a 64 MW colocation deal with ASIC maker Canaan Inc. to host 17,453 mining rigs [5], but also grappled with management turmoil. CEO Rahul Mewawalla was abruptly fired “for cause” amid a fraud lawsuit in July [6], raising governance concerns. Nasdaq granted Mawson extra time to meet listing requirements [7]. Analysts remain cautious: H.C. Wainwright maintains a…
