⚡️ Update: AGM Group avoids delisting from Nasdaq after regaining compliance with the minimum price requirement!
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🏢 About the Company:
AGM Group, a company specializing in the manufacturing of ASIC chips for blockchain mining, was threatened with delisting from the Nasdaq stock exchange due to its stock price falling below the required minimum.
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📈 What Happened:
– The stock regained the required level of $1.00
– Thus, the company returned to compliance with Nasdaq listing rules
– The decision saved the company from losing its place on one of the world's leading exchanges
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🔧 The Importance of AGM in the Blockchain Market:
– Focuses on developing custom processors for digital currency mining
– Forms part of the technical infrastructure for Bitcoin and blockchain
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❓Do you see that mining chip manufacturers will achieve a recovery with the increasing demand for artificial intelligence and digital currencies?
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