M&A
confidence high
sentiment positive
materiality 0.70
Nature's Miracle to acquire 90% stake in J&Y Marigold for up to $5.32M, building 14 MW Bitcoin mining facility
Nature's Miracle Holding Inc.
- Purchase price up to $5.32M for 90% of fully-diluted shares of Toronto-based J&Y Marigold.
- Phase I (9 MW) expected to close Q1 2025; Phase II (5 MW) in Q2 2025.
- Total facility capacity of 14 MW Bitcoin mining expected operational first half 2025.
- Acquisition diversifies Nature's Miracle beyond vertical farming into cryptocurrency mining.