The listed company NMHI acquired a majority stake in J&Y Marigold Ltd. for $5.32 million, entering the Bitcoin mining sector

ChainCatcher news, Nasdaq-listed company Nature's Miracle Holding Inc. (NMHI) announced the acquisition of 90% fully diluted shares of Bitcoin mining company J\&Y Marigold Ltd. for a total purchase price of $5.32 million. The latter is currently constructing a 14-megawatt Bitcoin mining facility, expected to be operational in the first half of 2025. The first phase of the transaction (9MW) is expected to be completed in the first quarter of 2025, while the second phase (5MW) is expected to be completed in the second quarter of 2025.