BEIJING, China, October 21, 2021 – AGM Group Holdings Inc. (“AGMH” or the “Company”) (Nasdaq: AGMH), an integrated technology Company focused on providing fintech software services and manufacturing high performance hardware and computing equipment today announced that it has agreed to sell MinerVa Semiconductor Corp. (“MinerVa”) with 25,000 units of its 100 TH / S. to deliver MinerVa MV7 ASIC

build the MinerVa family of crypto miners. MinerVa is a leader in the design and manufacture of high performance ASICs and the exclusive distributor of industrial grade crypto miners to leading global large mining companies.

MinerVa has influential relationships and resource networks within the fintech and blockchain ecosystems, providing world-class end-to-end technology solutions to well-known global blockchain players such as Terawulf Inc. and TrueNorth Data Solutions. TThe company will soon get a U.S$20 million bail for the Crypto miner. The rest of the order value is paid before delivery begins.

Mr. Steven Sim, AGMH’s Chief Financial Officer, commented, “This order builds up public relationsmalicious Nowlit order dated October 13th and is proof of the effectiveness of our new growth strategy as we further consolidate our leading position in the market. The purchase allows us to increase our cash flow, which gives us a solid financial footing as we begin our plans for mass production in 2022. By leveraging our advanced hardware and computer equipment manufacturing capabilities, we believe we are well positioned to take advantage of the tremendous growth opportunities in this thriving industry. “

About AGM Group Holdings Inc.

AGM Group Holdings Inc. (NASDAQ: AGMH) was founded in April 2015 and is headquartered in Beijing, China. (NASDAQ: AGMH) is an integrated technology company focused on providing fintech software services and manufacturing high-performance hardware and computing equipment. AGMH’s mission is to become one of the most important participants and contributors in the global fintech and blockchain ecosystem. More information is available at www.agmprime.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and as defined in the US Private Securities Litigation Reform Act of 1995 These forward-looking statements may be identified by terms such as “will,” “expected,” “anticipated,” “future,” “intends,” “planet,” “believes,” “estimates” and similar statements. All statements that are not historical facts in this press release are forward-looking statements and involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements are based on management’s current expectations, beliefs, estimates and projections about the company and the industry in which the company operates, but involve a number of unknown risks and uncertainties in the company’s filings with the US Securities and Exchange Commission. The company assumes no obligation to update forward-looking statements to reflect later events or circumstances or changes in its expectations, except as required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that these expectations will prove to be correct and actual results could differ materially from those anticipated. You are urged to carefully consider these factors in evaluating the forward-looking statements contained herein and not place undue reliance on such forward-looking statements, which are limited in their entirety by these cautionary statements.

For more information, please contact:

In the company:

E-mail: [email protected]

Investor Relations:

Sherry Zheng

Weitian Group LLC

E-mail: [email protected]

Phone: + 1-718-213-7386

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