According to Foresight News, Nasdaq-listed company Nature's Miracle Holding Inc. has announced the establishment of a wholly-owned subsidiary, NM Data Inc. This new entity will focus on the development and acquisition of Bitcoin mining facilities. As part of its strategic expansion into the cryptocurrency sector, NM Data Inc. has agreed with Bitcoin mining company Future Tech.
The agreement involves an investment of $3 million in Future Tech. The initial investment amounts to $200,000, with an additional $2.8 million to be paid within twelve months following the initial transaction. Upon completion of this deal, NM Data Inc. will acquire a 51% stake in Future Tech, marking a significant step in Nature's Miracle Holding Inc.'s venture into the Bitcoin mining industry.
