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BEIJING, China, October 21, 2021,  – AGM Group Holdings Inc. (“AGMH” or the “Firm”) (Nasdaq: AGMH), an built-in expertise firm targeted on offering fintech software program companies and producing high-performance {hardware} and computing tools, right this moment introduced that it agreed to produce MinerVa Semiconductor Corp. (“MinerVa”) with 25,000 models of its 100 TH/S MinerVa MV7 ASIC

to construct the MinerVa household of crypto miners.  MinerVa is a premier high-performance ASIC design and manufacturing firm and is the unique distributor of industrial-grade crypto miners to main international large-scale mining corporations.

MinerVa has influential relationships and useful resource networks inside the Fintech and Blockchain ecosystems and supplies top-tier end-to-end expertise options to notable international blockchain gamers like Terawulf Inc. and TrueNorth Knowledge Options.  The Firm will quickly obtain a US$20 million deposit for the crypto miners.  The rest of the order worth might be paid earlier than supply commences.

Mr. Steven Sim, Chief Monetary Officer of AGMH, commented, “This order builds on the previous Nowlit order from October 13th and is a testomony to the effectiveness of our new progress technique as we proceed to solidify our pioneering place out there.  The acquisition permits us to extend our cashflow, which supplies us a sound monetary footing as we start our plans for mass manufacturing in 2022. Leveraging our superior {hardware} and computing tools manufacturing capabilities, we consider we’re well-positioned to seize the huge progress alternatives on this thriving business.”

About AGM Group Holdings Inc.

Included in April 2015 and headquartered in Beijing, China, AGM Group Holdings Inc. (NASDAQ: AGMH) is an built-in expertise firm specializing in offering fintech software program companies and producing high-performance {hardware} and computing tools. AGMH’s mission is to turn out to be one of many key members and contributors within the international fintech and blockchain ecosystem. For extra info, please go to www.agmprime.com.

Ahead-Trying Statements

This information launch comprises “forward-looking statements” inside the that means of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Trade Act of 1934, as amended, and as outlined within the U.S. Non-public Securities Litigation Reform Act of 1995. These forward-looking statements will be recognized by terminology similar to “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and related statements. All statements apart from statements of historic reality on this press launch are forward-looking statements and contain sure dangers and uncertainties that would trigger precise outcomes to vary materially from these within the forward-looking statements. These forward-looking statements are primarily based on administration’s present expectations, assumptions, estimates and projections in regards to the Firm and the business wherein the Firm operates, however contain a variety of unknown dangers and uncertainties, Additional info concerning these and different dangers is included within the Firm’s filings with the U.S. Securities and Trade Fee. The Firm undertakes no obligation to replace forward-looking statements to mirror subsequent occurring occasions or circumstances, or adjustments in its expectations, besides as could also be required by regulation. Though the Firm believes that the expectations expressed in these forward-looking statements are affordable, it can not guarantee you that such expectations will develop into right, and precise outcomes could differ materially from the anticipated outcomes. You’re urged to think about these components fastidiously in evaluating the forward-looking statements contained herein and are cautioned to not place undue reliance on such forward-looking statements, that are certified of their entirety by these cautionary statements.

For extra info, please contact:

On the Firm:

E mail: [email protected]

Investor Relations:

Sherry Zheng

Weitian Group LLC

E mail: [email protected]

Cellphone: +1-718-213-7386