According to Odaily Planet Daily, Nasdaq-listed company Nature's Miracle Holding Inc. (NMHI) announced that it would acquire 90% of the fully diluted shares of Bitcoin mining company J&Y Marigold Ltd. for US$5.32 million.
J&Y Marigold is currently constructing a 14MW Bitcoin mining facility, which is 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, and the second phase (5MW) is expected to be completed in the second quarter of 2025.
