Big Digital Energy, Inc. · NASDAQ:BGDE
Big Digital Energy — Mawson Infrastructure Group — Investor Presentation (August 2021)
21 slides from Big Digital Energy's investor presentation, Aug 26, 2021
Slide 1: Global Digital Infrastructure Provider Investor Presentation August 2021
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 1 Infrastructure Group Inc. Global Digital Infrastructure Provider Investor Presentation August 2021
Slide 2: Legal Disclaimer
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 2 LEGAL DISCLAIMER Information contained herein is derived from various internal and external sources which are deemed reliable, but no represen tat ions or warranties are made by Company, or any of its affiliates, employees o
Slide 3: Mawson at a glance
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 3 Mawson at a glance USD$778m Market Capitalisation at US$11.00 on a fully diluted basis US OTC Markets Listed Experience High insider ownership 30% + Aggressive Hash Rate increase ESG Focused Net Zero Carbon 1 Bitcoin Mining
Slide 4: Overview: Business Strengths
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 4 Overview Business Strengths Highly Experienced Board & Management Team with commercial and technical infrastructure, technology and construction credentials in senior leadership positions Global Portfolio of Infrastructure A
Slide 5: Overview: Track record of Success
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 5 Overview Track record of Success To date, Mawson has raised US$72m* with significant support from new and existing institutional, HNW and Family Office shareholders Operational Capital Raised Jan 21 ▪ US$21.7m series C* ▪ Pu
Slide 6: Mawson Expansion pathway
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 6 Mawson Expansion pathway Today 2022 Δ 2023 Target Operational Business Self Mining & Hosting Self Mining & Hosting Self Mining & Hosting Facilities 2 USA Sites 2 USA Sites 1 Australian Site +1 Site 3 USA Sites 2 Australian S
Slide 7: Mawson's Infrastructure
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 7 Mawson’s Infrastructure 1 Strict return on capital approach for assessing sites ▪ Target high quality, stable and supportive jurisdictions ▪ Selection of sites with stranded energy especially in regional areas ▪ Low blended
Slide 8: Mawson's Modular Data Centre
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 8 Mawson’s Modular Data Centre Efficient - holds 588 ASIC / MDC High Capacity, upto 2.5MW / MDC Low cost to build and deploy Modular Sites
Slide 9: Georgia Facility
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 9 25 MW Phase I – Built & delivered Power Cost Non - carbon emitting energy mix 80% + Phase II – Commenced 75 MW 3.5c per kw/h 2023 Target 400 MW GP Margin 80% + Long term rights Leased until 2038 Sandersville, GA Self mining
Slide 10: Hosting Operations
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 10 100 MW Proposed Hosting Capacity Average Margin Projected Gross Profit US$17.5m * Projected Annual Revenue US$52.5m * 2c per kw/h Current Hosting Customers 3 Projected GP Margin 33% *Based on 100MW of hosting, not yet contr
Slide 11: Mining Economics
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 11 Mining Economics Illustrative Economics Today 2022 2023 Target Capacity (MW) 100 400 1,000 Total Hashrate (PH) 400 3,000 5,000 Annualised Revenue 1 US$47m US$350m US$580m GP (%) (over time, changes in energy mix and miner h
Slide 12: Highly experienced Board & management
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 12 Development Pipeline Highly experienced Board & management Board Michael Hughes Independent Non - Exec Director James Manning Founder & CEO Director Yossi Keret Independent Non - Exec Director Management & Key employees Het
Slide 13: Longer Term Corporate Development Targets
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 13 Longer Term Corporate Development Targets Renewable / non carbon emitting new generation assets Only accept 75% + 300 MW Managed Infrastructure by 2030 through offset and generation 100% Carbon Neutral 100% 600 MW Managed I
Slide 14: ESG Focus
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 14 ESG Focus 25,000 Trees Planted in 2021 Renewable / non - carbon emitting energy mix 80% Sequestered tonnes of carbon* 22,000 Mawson is committed to building a sustainable business for our investors and the planet. "When mor
Slide 15: Appendix
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 15 Appendix 15
Slide 16: Bitcoin Adoption
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 16 Bitcoin Adoption Institutionalisation The industry has rapidly become institutionalised as major firms, S&P500 companies, governments, pension funds and stock exchanges, venture capital and private equity firms have adopted
Slide 17: Downside protection
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 17 Downside protection Clearly defined network rules and protocols ensures a defined reward for each hash. A worked example below for Mawson based on 100PH online, shows how this dynamic works in real life. $11,981,982 $11,843
Slide 18: Operational Example
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 18 Operational Example Based on 2 EH online, Mawson can provide a worked example of the current mining economics. This is example works on the various Bitcoin price assumptions, with no changes to the global difficulty rate un
Slide 19: Compelling planned trajectory
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 19 Compelling planned trajectory Achieving Global Significance 400 3000 5000 Total Petahash Capacity (PH) Mawson, if its goals are achieved, is poised to become a miner of scale among listed peers globally Majority renewable /
Slide 20: Peer $/PH comparison
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 20 1.2x 1.2x 1.4x 4.5x 4.7x 4.9x -0.8 0.2x 1.2x 2.2x 3.2x 4.2x 5.2x 6.2x $0 M $500 M $1,000 M $1,500 M $2,000 M $2,500 M $3,000 M $3,500 M $4,000 M Opportunity Value uplift $962,555 * Average $ / PH (installed at 31 Dec - 21)
Slide 21: Contact Us
Level 5, 97 Pacific Highway, North Sydney NSW 2060 Private & Confidential 21 Contact Us 21 Brett Mass Hayden IR mawson@haydenir.com Investor Relations Level 5, 97 Pacific Highway North Sydney, NSW Australia info@mawsoninc.com Mawson Infrastructure Group
Mawson Infrastructure Group — Investor Presentation (August 2021) on 6ix