AGM Group Holdings Inc. (“AGMH” or the “Firm”) (AGMH) as we speak unveiled its strategic improve geared toward accelerating its international enlargement. Centered on advancing its Bitcoin mining and information heart 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 in depth 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 enlargement technique is multifaceted, encompassing self-constructed initiatives, joint mining ventures, and strategic acquisitions. AGM Group is dedicated to establishing and working Bitcoin mining information facilities, coupled with providing internet hosting companies, in strategically chosen areas together with america, Canada, and Central Asia. This initiative represents a big step ahead in AGM Group’s journey in direction of changing into a pacesetter within the international mining sector.

Mr. Zhu Bo, Chairman and Chief Government Officer of AGM Group, shared his pleasure in regards to 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 clients who’re in speedy want of mining internet hosting companies. We anticipate sharing additional particulars shortly. Our preliminary section targets embrace managing as much as 200MW of information 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 power within the mining trade, serving as a important 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 clients. On the opposite facet, we stand distinctive with companions who’re power sources however might lack the expertise in establishing internet hosting amenities or accessing potential clients. AGM is poised to bridge this hole, offering essential experience and buyer entry. This strategic enhancement is not only an evolution—it is a transformative step ahead in our mission for international enlargement, 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.”