AGM Group Holdings Announces Strategic Upgrade By Investing.com

AGM Group Holdings Inc. (“AGMH” or the “Company”) (AGMH) today unveiled its strategic update aimed at accelerating its global expansion. Focused on advancing your bitcoin mining and data center operations, AGM Group is diversifying its portfolio to include digital technology, cryptocurrency Research, development, manufacturing and sales of mining hardware and technology.

Leveraging its extensive track record in cultivating customer relationships for the purchase of mining machines and collaborating with energy partners who possess vast energy reserves, AGM Group is prepared to expand its reach to the mining industry. The company's expansion strategy is multifaceted, encompassing self-build projects, mining joint ventures and strategic acquisitions. AGM Group undertakes to establish and operate bitcoin mining data centers, along with offering hosting services, in strategically chosen locations, including the United States, Canadaand Central Asia. This initiative represents an important step forward in AGM Group path towards becoming a leader in the global mining sector.

Mister. ZhuboPresident and CEO of AGM Groupshared his excitement 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 used by clients, as well as conversations with our clients who are in immediate need of mining hosting services. We anticipate sharing more details shortly. Our early phase goals 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 fundamental force in the mining industry, serving as a critical link between two essential domains. On the one hand, our deep experience and experience in the industry put us in an optimal position to understand and meet the demands of Client Accommodation. On the other hand, we are unique with partners who are powerhouses but who may lack the experience to establish hosting facilities or access potential clients. AGM is prepared to close this gap, providing the necessary experience and the customer access. This strategic upgrade is not just an evolution – it is a transformative step forward in our global expansion mission, underscoring our commitment to innovate within and outside the mining sector. We firmly believe that this strategy update will position our company with a more comprehensive business structure and drive accelerated growth and deliver enhanced value returns to our shareholders.”