AGM Group Holdings Announces Strategic Upgrade Morinda News


AGM Group Holdings (AGMH) announces strategic upgrade

AGM Group Holdings Inc. (“AGMH” or the “Company”) (AGMH) today announced its strategic development aimed at accelerating its global expansion. Focused on moving it forward Bitcoin mining and data center operations, AGM Group diversifies its portfolio to include digital technology, Cryptocurrency Research and development, manufacturing and distribution of mining and technology hardware.

The company uses its many years of experience in cultivating customer relationships when purchasing mining equipment and works with energy partners who have huge energy reserves. AGM Group is poised to expand its reach into the mining industry. The company’s expansion strategy is diverse and includes homegrown projects, joint mining ventures and strategic acquisitions. AGM Group is committed to the founding and operation Bitcoin Mining data centers, coupled with the offering of hosting services, in strategically selected locations including The United States, CanadaAnd Central Asia. This initiative represents significant progress AGM Group Path to becoming a leader in the global mining sector.

Mister. Zhu BoChairman and Chief Executive Officer of AGM Groupexpressed enthusiasm about the company’s prospects, stating: “We are currently in the early stages of negotiations with energy suppliers and.” Bitcoin Mining farms that have established mining sites already in use by customers, in addition to speaking to our customers who are in urgent need of mining hosting services. We expect to share more details shortly. Our goals in the first phase include managing up to 200 MW of data centers worldwide, targeting a hash rate of up to 5 EH/s and deploying over 50,000 mining machines by the end of 2024.”

He added: “AGMH will become a central force in the mining industry, acting as a critical link between two essential sectors. On the one hand, our deep expertise and industry experience put us in an optimal position to understand and meet the needs of hosting customers. On the other hand, we are unique in partners who are energy sources but may not have the experience in building hosting facilities or access to potential customers. AGM is poised to bridge this gap by providing the necessary expertise and customer access. This strategic enhancement is not just an evolution, but a transformative step forward in our mission of global expansion, underscoring our commitment to innovation within the mining sector and beyond. We strongly believe this strategy enhancement will position our company with a more comprehensive business structure and drive accelerated growth, delivering greater value returns to our shareholders.”


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