AGM Group Holdings Inc. (“AGMH” or the “Firm”) (NASDAQ: AGMH), an built-in know-how firm specializing in offering fintech software program companies and producing high-performance {hardware} and computing gear, as we speak introduced it has entered right into a strategic partnership with Meten Holding Group Ltd. (“Meten”) (NASDAQ: METX).
The partnership will primarily deal with analysis and growth help for blockchain purposes, and in establishing a provide chain for cryptocurrency mining. The settlement contains an preliminary order from Meten for 1,500 Bitcoin mining machines value US$12 million. Meten additionally has an choice to buy further machines.
AGMH by way of its strategic partnership with HighSharp (Shenzhen Gaorui) Digital Expertise Co., Ltd (“HighSharp”) has constructed a cutting-edge R&D functionality with engineers who’re specialists in blockchain and associated applied sciences, which can be the key cause why Meten selected to accomplice with AGMH.
Mr. Chenjun Li, Co-Chief Govt Officer of AGMH, commented,
“We’re delighted to accomplice with Meten to additional develop a blockchain ecosystem that integrates know-how, merchandise, gross sales and repair. Constructing on our lately introduced AGMH-HighSharp partnership, we see rising demand for our high-performance mining {hardware} and associated computing gear. These partnerships additional validate our place within the cryptocurrency mining world. Trying forward, we’re optimistic in our means to assist mining purchasers to enhance their computing energy, enabling their success within the quickly rising cryptocurrency business whereas producing worth for our shareholders.”
Mr. Jason Zhao, Co-Founder and Govt Director of Meten, mentioned:
“We’re thrilled to be working with AGMH. With respective strengths, we imagine our partnership will additional unlock the total potential of the blockchain and cryptocurrency enterprise, placing each of us on the perfect path to success.”
