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home / news releases / AGMH - Meten rallies on strategic partnership with AGM for blockchain and crypto mining business

AGMH - Meten rallies on strategic partnership with AGM for blockchain and crypto mining business

AGM Group Holdings Inc.
Meten (NASDAQ:METX) rallies 13.4% higher premarket after it entered into a strategic cooperation agreement with AGM (NASDAQ:AGMH) for accelerating the development Meten's blockchain and cryptocurrency mining business. Post the agreement, both the parties agreed to mainly cooperate on R&D of blockchain applications and the establishment of a supply chain for cryptocurrency mining business. The agreement contains an initial order of AGMH's cryptocurrency mining machines from Meten and an option for Meten to purchase additional machines later. "AGMH, through its strategic partnership with HighSharp (Shenzhen Gaorui) Electronic Technology, has upgraded its R&D capabilities and built a team of engineers with expertise in blockchain and related technologies," Co-Founder and Executive Director Mr. Jason Zhao commented.

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Meten rallies on strategic partnership with AGM for blockchain and crypto mining business
Stock Information
Company Name: AGM Group Holdings Inc.
Stock Symbol: AGMH
Market: NASDAQ
Website: agmprime.com
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