AGM Group Holdings Inc. (NASDAQ: AGMH), an integrated technology firm specializing in high-performance hardware and computing equipment assembly and sales, announced a strategic partnership agreement with HashBeaver, a cloud mining platform in the digital currency financial sector. The collaboration aims to combine AGM Holdings’ Canadian mining resources with HashBeaver’s computing power services expertise to foster innovation in Bitcoin mining and artificial intelligence (AI) services.

This partnership is a key step in AGM Holdings’ strategy for sustainable growth and technological leadership. By integrating AGM Holdings’ infrastructure with HashBeaver’s cloud mining solutions, the collaboration will focus on: 1) enhancing the scale and efficiency of Bitcoin mining operations; 2) creating AI-powered blockchain solutions; and 3) encouraging sustainable and transparent industry practices.

Per the agreement, AGM Holdings and HashBeaver will use AGM Holdings’ Canadian mining resources to support large-scale Bitcoin mining projects. The partnership also intends to expand HashBeaver’s cloud computing capabilities to address the increasing demand for sustainable and efficient solutions. Furthermore, the companies plan to develop innovative AI and blockchain applications for various industries.

Initial estimates suggest the partnership could generate over 2 Exahash (EH)/s of additional computing power, significantly increasing both companies’ operational capacity.

Dr. Zhu Bo, CEO of AGM Holdings, stated that the partnership is a significant milestone in AGM’s pursuit of sustainable growth and innovation. He believes that collaborating with HashBeaver positions them to deliver groundbreaking solutions in blockchain and AI, creating value for shareholders and clients.

Harry Li, CEO of HashBeaver, added that they are excited to partner with AGM Holdings to improve their cloud mining offerings and advance blockchain technology. He believes this partnership will open new opportunities and drive growth in the digital asset industry.

About HashBeaver

HashBeaver is a cloud mining service provider dedicated to revolutionizing the digital currency landscape. The company offers digital asset management solutions for individual and institutional clients. With strategic investment from MinerVa Semiconductor, a cryptocurrency mining hardware manufacturer, HashBeaver continues to innovate in computing power services. HashBeaver aims to build secure, transparent, and compliant blockchain infrastructures and empowers clients to achieve efficient and profitable digital asset management through its global operations and focus on sustainability.

About AGM Group Holdings Inc.

AGM Group Holdings Inc. (NASDAQ: ) is an integrated technology company focused on the assembly and sale of high-performance hardware and computing equipment. With the goal of becoming a key participant and contributor in the global blockchain ecosystem, AGMH focuses on research and development of blockchain-oriented Application-Specific Integrated Circuit (ASIC) chips, and the assembly and sale of high-end crypto miners for Bitcoin and other cryptocurrencies. For more information, please visit .

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

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AGM Group Holdings Inc.
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Ascent Investor Relations LLC
Tina Xiao
President
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