AGM Group Holdings Unveils Strategic Upgrade for Global Expansion
AGM Group Holdings Inc.’s Strategic Upgrade
AGM Group Holdings Inc. (“AGMH” or the “Company”) announced a strategic upgrade to accelerate its global expansion efforts. The focus is on advancing Bitcoin mining, data center operations, and diversifying its portfolio to include digital technology, cryptocurrency mining, and technology hardware research, development, manufacture, and sales.
AGMH’s Expansion Strategy
The company plans to extend its reach into the mining industry by leveraging customer relationships and collaborating with energy partners. AGM Group aims to establish and operate Bitcoin mining data centers, offer hosting services, and pursue self-constructed projects, joint ventures, and strategic acquisitions. This initiative marks a significant step towards becoming a leader in the global mining sector.
Zhu Bo’s Vision for AGM Group
Mr. Zhu Bo, Chairman and CEO of AGM Group, expressed excitement about the company’s future prospects. Negotiations with energy providers, Bitcoin mining farms, and customers are underway. AGMH aims to manage up to 200MW of data centers globally, achieve a hash rate of up to 5 EH/s, and deploy over 50,000 mining machines by 2024.
He emphasized AGMH’s role as a pivotal force in the mining industry, bridging the gap between expertise in hosting services and energy sources. The strategic upgrade aims to drive accelerated growth, enhance value returns for shareholders, and position the company for comprehensive business structure.