PANews reported on November 26 that according to PR Newswire, Nasdaq-listed company Nature's Miracle Holding Inc. announced the establishment of a wholly-owned subsidiary, NM Data Inc., which will focus on the development and acquisition of Bitcoin mining facilities. It has signed an agreement with Bitcoin mining company Future Tech to invest US$3 million in it.
It is reported that the initial investment of this transaction is US$200,000, and the additional US$2.8 million will be paid within twelve months after the initial delivery. After the transaction is completed, NM Data will own a 51% stake in Future Tech.
