AGM Group announces strategic cooperation with the company to measure the blockchain and produce cryptocurrencies

AGM Group Holdings Inc. (“AGMH” or the “company”) (NASDAQ: AGMH), a technology company specializing in integrated-service software финтеха in production and high quality hardware, computer hardware, today announced that it has entered a strategic partnership with Meten Holding Group Ltd. (“Measurement”) (NASDAQ: X).

The partnership will primarily focus on supporting research and development for blockchain applications, as well as creating a supply chain for producing cryptocurrencies. The agreement includes an initial order to measure 12 Bitcoin mining machines worth US $ 1500 million.  The company also has the option of purchasing october machines.

AGMH is part of a strategic partnership with HighSharp (Shenzhen Gaurui) Electronic Technology Co.. Ltd. (“Highsharp”) has advanced research and development capabilities with engineers specializing in blockchain and related technologies, which is the main reason why Meten decided to cooperate with AGMH.

Mr. Chenjun Li, co-CEO of AGMH, commented,

“We are excited to collaborate with Meten to develop a blockchain ecosystem that combines technology, products, sales and service.  Based on our recently announced cooperation between AGMH and HighSharp, we are seeing an increasing demand for our high-dec mining equipment and related computer equipment.  These partnerships further confirm our position in the world of cryptocurrency mining.  Looking to the future, we are optimistic about our ability to help mining customers increase their computing power, which will enable them to succeed in the fast-growing cryptocurrency industry while adding value to our shareholders.”;
Mr. Jason Zhao, co-founder and CEO of Meten, said:

“We are excited to be working with AGMH.  With their respective strengths, we believe that our cooperation will further unleash the full potential of the blockchain and cryptocurrency company and put us both on the best path to success. “;

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