AGM Group Holdings

What AGM Group Holdings does

AGM Group Holdings Inc. is a Nasdaq-listed (AGMH) integrated technology company incorporated in the Cayman Islands with operational headquarters in Hong Kong (Wan Chai) and additional offices in Canada and Finland. The company designs ASIC chips and manufactures high-performance computing hardware, anchored by the KOI Miner C21 Series of crypto mining machines (hash rates of 200-285 TH/s, power efficiency of 13.2-17.5 J/T) and the newly launched ValleyVerse Kraken all-flash clustered storage server targeting generative AI workloads. Its stated long-term model is a "Cash Flow + Hardware Infrastructure + AI Smart Applications" trinity, positioning Kraken servers as underlying assets for RWA tokenization alongside AI application partnerships.

The company's product portfolio spans AI ASIC chips, all-flash storage server systems (developed with secured NAND Flash and controller supply), the Kraken AI server line, RWA tokenization services (via Amber Premium), and audio processing ASICs (via MusicDog.ai). Underlying technology emphasizes proprietary ASIC chip design and vertical integration across the chip-server-data center industrial chain, with strategic procurement of semiconductor components and a partnership with HashBeaver to extend into decentralized computing networks.

AGM Group generates revenue through direct sales, distribution channels, and strategic partners targeting enterprise customers in AI data centers, crypto mining operations, and RWA tokenization. Pricing for AI servers and mining hardware is not publicly disclosed. The company employs 11-50 people, has raised approximately $31 million in committed funding across multiple 2021-2026 rounds (including a $20M registered direct offering in December 2021, a $5.4M offering in March 2025, $925K of convertible notes in December 2025, and a $25M ELOC in January 2026), and most recently reported approximately $32.04M in revenue with $3.12M net income. CEO Dr. Bo Zhu leads the company, which is currently navigating a Nasdaq listing review following a May 2026 noncompliance notice related to a delayed Form 20-F filing.

Name

AGM Group Holdings

Legal name

AGM Group Holdings Inc.

Website

https://agmhgroup.com

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

AGM Group Holdings is a Nasdaq-listed integrated technology company designing ASIC chips, AI all-flash storage servers (ValleyVerse Kraken), and crypto mining hardware (KOI Miner C21), serving enterprise AI data centers, crypto mining operators, and RWA tokenization clients globally.

Ownership category

akta.pro rank

Product category

High-Performance Computing Hardware

NAICS

Computer and Peripheral Equipment Manufacturing (33411), Computer Storage Device Manufacturing (334112)

SIC

Electronic Computers (3571), Computer Storage Devices (3572)

akta.pro primary industry

AI Server Systems & HGX/Accelerator Platforms (HDAAAAAB)

akta.pro secondary industries

Mining Hardware (ASIC/GPU) Manufacturing & Distribution (FSADAOAD), AI Accelerators (GPUs/TPUs/NPUs/ASICs) (HDAAAAAA)

Keywords

• ASIC chip design
• AI server hardware
• Crypto mining hardware
• High-performance computing
• AI storage infrastructure

Headquarters

HQ city

Wan Chai

HQ country

Hong Kong SAR China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. AI Hardware Sales: Direct sales and distribution of ValleyVerse Kraken All-Flash AI Servers and KOI Miner crypto mining hardware to enterprise customers through strategic partners. Revenue generated through hardware sales with servers serving as core underlying assets for RWA tokenization.
2. RWA Tokenization: Real-world asset tokenization services where AI servers serve as underlying assets for tokenization, creating additional revenue streams through financing and asset-backed digital tokens.
3. Technology Hardware Operations: Proceeds from equity offerings allocated for technology hardware and fintech operations to strengthen position in global blockchain ecosystem.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

AGM Group Holdings designs proprietary ASIC chips and manufactures high-performance computing hardware for two end markets: the KOI Miner C21 Series crypto mining machines (ASIC-based miners with 200–285 TH/s hash rates) and the self-developed ValleyVerse Kraken All-Flash AI Server targeting generative AI infrastructure. The company's product stack is anchored by vertical integration from chip design to AI server systems, with the Kraken servers additionally serving as underlying assets for real-world asset (RWA) tokenization.

Product overview

AGM Group Holdings is transitioning from an AI hardware supplier to a full-stack AI + Web3 ecosystem platform using a 'Cash Flow + Hardware Infrastructure + AI Smart Applications' trinity model. The product portfolio includes the KOI Miner C21 Series (crypto mining hardware with 200-285TH/s hash rates), ValleyVerse Kraken All-Flash AI Servers (AI infrastructure targeting generative AI), AI ASIC chips (next-generation development), AI All-Flash Storage Server Systems, RWA tokenization services (with Amber Premium), and audio processing ASICs (with MusicDog.ai). Revenue is generated through direct sales, distribution, strategic partners, and Kraken servers serve as underlying assets for RWA tokenization.

Differentiator

Problem solved

Functional benefit

Brands

• ValleyVerse Kraken: Self-developed clustered storage server / all-flash AI server for generative AI applications and high-performance computing infrastructure.
• KOI Miner C21 Series

Products and services

• KOI Miner C21 Series Series of ASIC chip-based crypto mining machines with hash rates ranging from 200TH/s to 285TH/s and power efficiency from 13.2J/T to 17.5J/T, sold to cryptocurrency mining operators and mining farms globally.
• ValleyVerse Kraken All-Flash AI Server Self-developed high-performance clustered all-flash storage server designed for generative AI applications, providing energy-efficient storage infrastructure for AI data centers with mass shipments planned for Q2 2026.
• AI All-Flash Storage Server Systems AI-focused all-flash storage server systems developed using secured NAND Flash memory and controller chips, designed to address storage bottlenecks in data centers handling large-scale AI workloads while optimizing energy efficiency.
• AI ASIC Chips Application-specific integrated circuits designed for AI applications, including the next-generation AI ASIC chips developed in-house as part of AGM Group's vertical integration across chip design, server production, and data center infrastructure.
• RWA Tokenization Services Real-world asset tokenization services delivered in partnership with Amber Premium, using AI server hardware such as ValleyVerse Kraken units as underlying assets represented as digital tokens on blockchain, enabling financing and fractional ownership of compute infrastructure.
• Audio Processing ASIC Application-specific integrated circuits for audio processing being jointly developed with MusicDog.ai, intended to enable AI-generated music applications paired with blockchain-based copyright authentication.

Quantifiable outcome

• AGM Group generates higher revenue ($32.04 million) than competitor Greenpro Capital ($2.07 million)
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• MusicDog.aicoreStrategic or Co-development Partner · 13 February 2026AGM Group Holdings signed a Letter of Intent with MusicDog.ai on February 13, 2026, to collaborate on high-performance AI computing ecosystem development. AGMH intends to provide ValleyVerse series servers and all-flash storage systems to MusicDog.ai on a priority basis, while exploring joint ASIC development for audio processing and blockchain-based copyright authentication for AI-generated music.
• HashBeaverminorStrategic or Co-development Partner · 3 February 2026AGM Group partnered with HashBeaver to co-develop decentralized computing networks and strengthen its global AI supply chain through vertical integration. The collaboration addresses supply-demand imbalance in AI core hardware and expands the company's presence across the chip-server-data center industrial chain.
• Amber PremiumcoreStrategic or Co-development Partner · 8 January 2026AGM Holdings signed a strategic Memorandum of Understanding with Amber Premium on January 8, 2026, to explore collaboration in real-world asset (RWA) tokenization. The partnership aims to use AI servers as underlying assets for tokenization, creating a new revenue stream through asset-backed digital tokens and fractional ownership solutions.

Scale indicators10 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Canaan Inc. NASDAQ-listed designer and manufacturer of ASIC crypto mining hardware (Avalon series). Direct competitor to AGM's KOI Miner C21 line, with overlapping customer base in Bitcoin mining operators and similar vertically integrated chip-to-miner business model.
• Riot Platforms: Large-cap crypto mining and AI/HPC data center operator pivoting from pure Bitcoin mining into AI compute hosting. Comparable to AGMH's stated ambition to repurpose crypto hardware infrastructure for AI workloads, though at vastly larger scale.
• Bitdeer Technologies Group: NASDAQ-listed Bitcoin mining and cloud mining operator that designs its own ASIC mining rigs. Direct peer in vertically integrated crypto mining hardware, now expanding into AI/HPC cloud services with proprietary SEALMINER chips.
• Hut 8 Corp. Bitcoin mining and digital infrastructure operator that has pivoted into AI/HPC hosting. Comparable to AGMH in the strategic intent to leverage crypto-mining-era infrastructure assets for AI compute revenue.
• Super Micro Computer: Leading manufacturer of GPU/AI servers (including NVIDIA HGX-based systems) and all-flash storage servers. Direct competitor to AGMH's ValleyVerse Kraken AI server line for enterprise data center customers running generative AI workloads.
• Bitfarms Ltd. Bitcoin mining operator expanding into HPC/AI compute hosting using existing data center capacity. Comparable small/mid-cap pivot story from crypto mining to AI infrastructure, similar to AGMH's strategic direction.

Emerging players

• Applied Digital Corporation: Designer and operator of AI/HPC data centers, formerly a crypto mining operator. Comparable to AGMH's vertical integration ambition across data center design, AI compute hosting, and repurposed crypto-era infrastructure.

Broad incumbents

• NVIDIA Corporation: Dominant supplier of GPUs and AI accelerator silicon that defines the AI server ecosystem (HGX reference platform). While not a direct peer in finished servers, NVIDIA's hardware platform is the basis on which ValleyVerse Kraken AI servers must compete.
• Dell Technologies: Major OEM/ODM for AI servers and enterprise storage systems (PowerEdge, PowerScale). Broad incumbent offering overlapping AI server and storage solutions to the same enterprise data center customers AGMH targets.

Regional players

• Greenpro Capital Corp. Small-cap Asia-based holding company with comparable crypto/fintech exposure and a corporate profile similar to AGMH. Direct comparator cited in AGM's own competitive analysis ($2.07M revenue, -$2.98M net loss vs. AGM's $32M/$3.12M).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/AgmHoldings
• LinkedInlinkedin.com/company/agm-group-holdings-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds5 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AGM Group Holdings