Nature's Miracle Holding Inc. to Acquire 90% of J&Y Marigold Ltd. to Expand Bitcoin Mining Capacity
December 16, 2024
Nature's Miracle Holding Inc. (through NM Data Inc.) entered into a stock purchase agreement to acquire a 90% controlling equity interest in Toronto-based J&Y Marigold Ltd. for up to $5.32 million. The phased plan targets a 14 MW Bitcoin mining facility at the J&Y Marigold location, with phase I expected to close in Q1 2025 and phase II in Q2 2025.
- Buyers
- Nature's Miracle Holding Inc., NM Data Inc.
- Targets
- J&Y Marigold Ltd.
- Industry
- Energy
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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