Benzinga | Dec 28, 2021 08:33AM EST

AGM Group Announces Delivery Of 1,335 Units Of Crypto Mining Machines To Meten

AGM Group Holdings Inc. ("AGMH" or the "Company") (NASDAQ:AGMH), an integrated technology company focusing on providing fintech software services and producing high-performance hardware and computing equipment, today announced it has delivered 1,335 units of Bitcoin mining machines to Meten Holding Group Ltd. ("Meten") (NASDAQ:METX).

The delivery is part of a strategic partnership between the two companies to nurture a blockchain ecosystem by integrating technology, products, sales, and services.

Mr. Chenjun Li, Co-Chief Executive Officer of AGMH, commented, "We are very pleased to have partnered with Meten. Despite disruptions in the global supply chain and logistics during the year end, we successfully managed to fully deliver the first batch of mining machines to Meten, demonstrating the effectiveness of our execution. Looking ahead, we will further enhance our supply capabilities as we accumulate more large-scale orders from the cryptocurrency mining sector."

Mr. Jason Zhao, Co-Founder and Executive Director of Meten, said: "We are excited to be collaborating with AGMH. With the deliveries of these technologically advanced products, we are confident in building up our Bitcoin business and development in the blockchain ecosystem."