AGM GROUP HOLDINGS, INC.

AGM GROUP HOLDINGS, INC. is a technology company focused on technology hardware research and development, manufacturing, assembling, and sales. The company aims to be a key participant in the global technology hardware supply chain and fintech blockchain ecosystem. In the third quarter of 2021, AGM GROUP HOLDINGS, INC. adopted a new growth strategy and decided to enter ASIC chip research and development, conducted through AGM HK. In August 2021, the company launched its first ASIC crypto Miner, the KOI MINER C16 ("C16"). The C16 uses the C3012 chip, manufactured with Semiconductor Manufacturing International Corp.'s N+1 process. It offers a hash rate of up to 113 TH/s and a power efficiency ratio of 30 J/T, supporting the mining of Bitcoin, Bitcoin Cash (BCH), and other cryptocurrencies. Since 2025, the company has developed the KOI MINER C21 SERIES ("C21"), which also supports the mining of Bitcoin, Bitcoin Cash, and other cryptocurrencies. The C21 is built on a new architecture utilizing FinFET N+2 process technology. Its total hash rate exceeds 250 TH/s and can reach up to 285 TH/s, with an improved energy efficiency of 13.2 J/TH. The C21 incorporates a four-air-channel cooling design for short-distance ventilation and efficient heat dissipation, and its hash board is designed for precise and stable temperature control to ensure smooth machine operation. The company's main competitors in the cryptocurrency mining equipment market include Bitmain, Canaan, and MicroBT, all based in China with ASIC research and development capabilities and strong supply chain connections in China.