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TechFlow news, on December 13, Nasdaq-listed Canaan Inc. announced that its Singapore subsidiary, Canaan Creative Global Pte. Ltd., has signed a mining equipment purchase agreement with AGM Group Holdings Inc. Initially, 2,000 Bitcoin mining machines will be supplied, with an additional option granted to purchase approximately 30,000 more Bitcoin mining devices, potentially providing AGMH with up to 300 megawatts of total computing power.
Nasdaq-listed Canaan Inc. announced that its Singapore subsidiary, Canaan Creative Global Pte. Ltd., has signed a mining equipment purchase agreement with AGM Group Holdings Inc. (AGMH), initially providing 2,000 Bitcoin mining machines. Additionally, the agreement includes an option for AGMH to purchase approximately 30,000 more Bitcoin mining devices, potentially providing AGMH with up to 300 megawatts of total computing power.
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