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AGM Group Holdings ( (AGMH) ) just unveiled an update.
AGM Group Holdings Inc. has entered into a strategic partnership with Canada’s Nowlit Solutions Corp. to enhance its high-performance computing capabilities, focusing on green energy data centers and cryptocurrency computing power. This agreement marks a major step in AGM’s expansion strategy in the North American data center sector, with plans to incrementally develop additional data centers in Canada over the next two years, ultimately aiming for a total computing power capacity of 18,427 petahashes. This initiative strengthens AGM’s market position in the burgeoning data center industry and aligns with the growing demand for digital assets and the latest advancements in artificial intelligence technology.
More about AGM Group Holdings
AGM Group Holdings Inc. is an integrated technology company that specializes in the assembly and sales of high-performance hardware and computing equipment. The company is focused on blockchain-oriented Application-Specific Integrated Circuit (ASIC) chips and high-end crypto miners for Bitcoin and other cryptocurrencies, aiming to be a significant contributor to the global blockchain ecosystem.
YTD Price Performance: -8.01%
Average Trading Volume: 93,497
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $43.88M
For detailed information about AGMH stock, go to TipRanks’ Stock Analysis page.
