According to Odaily Planet Daily, 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 $5.32 million.
J&Y Marigold is currently constructing a 14 megawatt Bitcoin mining facility, which is expected to be operational in the first half of 2025. The first phase of the deal (9MW) is expected to be completed in the first quarter of 2025, while the second phase (5MW) is anticipated to finish in the second quarter of 2025.