AGM Group Holdings Publicizes Strategic Improve

AGM Group Holdings Inc. (“AGMH” or the “Firm”) (AGMH) as we speak unveiled its strategic improve geared toward accelerating its international growth. Centered on advancing its Bitcoin mining and knowledge middle operations, AGM Group is diversifying its portfolio to incorporate digital know-how, cryptocurrency mining, and know-how {hardware} analysis and growth, manufacture, and gross sales.

Leveraging its intensive historical past of cultivating buyer relationships for mining machine purchases and collaborating with power companions who possess huge power reserves, AGM Group is poised to increase its attain into the mining trade. The corporate’s growth technique is multifaceted, encompassing self-constructed initiatives, joint mining ventures, and strategic acquisitions. AGM Group is dedicated to establishing and working Bitcoin mining knowledge facilities, coupled with providing internet hosting providers, in strategically chosen places together with america, Canada, and Central Asia. This initiative represents a big step ahead in AGM Group’s journey in the direction of turning into a pacesetter within the international mining sector.

Mr. Zhu Bo, Chairman and Chief Govt Officer of AGM Group, shared his pleasure concerning the firm’s prospects, stating, “We’re at present within the early levels of negotiations with power suppliers and bitcoin mining farms that possess established mining websites already utilized by purchasers, along with discussions with our prospects who’re in rapid want of mining internet hosting providers. We anticipate sharing additional particulars shortly. Our preliminary part targets embody managing as much as 200MW of knowledge facilities worldwide, aiming for a hash fee of as much as 5 EH/s, and deploying over 50,000 mining machines by the top of 2024.”

He added: “AGMH is about to change into a pivotal drive within the mining trade, serving as a crucial hyperlink between two important domains. On one facet, our profound experience and trade expertise place us in an optimum place to know and fulfill the calls for of internet hosting prospects. On the opposite facet, we stand distinctive with companions who’re power sources however might lack the expertise in establishing internet hosting services or accessing potential prospects. AGM is poised to bridge this hole, offering obligatory experience and buyer entry. This strategic enhancement isn’t just an evolution—it is a transformative step ahead in our mission for international growth, underlining our dedication to innovating inside the mining sector and past. We firmly imagine that this technique upgrading will place our firm with a extra complete enterprise construction, drive accelerated development, and ship enhanced worth returns to our shareholders.”