Agm group holdings inc. announces investment in bitcoin mining equipment

Beijing, dec. 12, 2024 (globe newswire) -- agm group holdings inc. (“agm holdings” or the “company”) (nasdaq: agmh), an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment, has announced today that the company, through its wholly owned hong kong subsidiary agm technology limited, entered into a purchase agreement (the “agreement”) to acquire 2,000 units of bitcoin (“btc”) mining machines from canaan creative global pte ltd. (“canaan”), a singapore-based company. this transaction strategically aligns with agm holdings' long-term vision to focus on the rapidly evolving digital assets market and to further advance innovative technology.
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