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Nasdaq-listed Nature's Miracle Holding Inc. (NMHI) has received a delisting notice stating that trading of the company's common shares and warrants will be suspended on Nasdaq effective January 15, 2025, and the company is considering appealing the judgment. NMHI recently launched its bitcoin business, announcing a month ago that it would acquire a 90% fully diluted stake in bitcoin miner J & Y Marigold Ltd. for a total purchase price of $5.32 million to enter the bitcoin mining sector.
Nasdaq-listed Nature's Miracle Holding Inc. announced the establishment of a wholly-owned subsidiary, NM Data Inc., which will mainly enter the field of development and acquisition of bitcoin mining facilities. It has signed an agreement with bitcoin mining company Future Tech to invest $3 million in it. It is reported that the initial investment of this transaction is 200,000 US dollars, and an additional 2.80 million US dollars will be paid within twelve months after the initial closing.
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