According to Foresight News, Nasdaq-listed company Nature's Miracle Holding Inc. announced the establishment of a wholly-owned subsidiary, NM Data Inc., to enter the field of Bitcoin mining facility development and acquisition.
NM Data has signed an agreement with Bitcoin mining company Future Tech to invest $3 million. The initial investment is $200,000, and the remaining $2.8 million will be paid within twelve months after the initial closing.
Upon completion of the transaction, NM Data will hold a 51% stake in Future Tech.