NEW YORK, Dec. 13, 2021 /PRNewswire/ -- Code Chain New Continent Limited (the "Company," or "Code Chain" or "We") (NASDAQ:CCNC), a vertically integrated cryptocurrency miner has determined that given the market conditions it is not in the best interest of the Company and its shareholders to raise equity capital at this time and intends to withdraw its previously announced underwritten public offering of common stock and warrants. About Code Chain New Continent Limited Code Chain New Continent Limited engages in the research, design, and development of electronic tokens that combine the five-W elements (when, where, who, why, what), geographic location via the Beidou satellite system, and

NEW YORK, Dec. 9, 2021 /PRNewswire/ -- Code Chain New Continent Limited (the "Company," or "Code Chain" or "We") (NASDAQ:CCNC), a vertically integrated cryptocurrency miner, today announced that it intends to offer shares of common stock and warrants to purchase common stock in a proposed underwritten public offering. The Company intends to use the net proceeds to purchase cryptocurrency mining equipment and for working capital and general corporate purposes. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. Aegis Capital Corp. is acting as the sole book-running m

NEW YORK, Dec. 7, 2021 /PRNewswire/ -- Code Chain New Continent Limited (the "Company" or "Code Chain") (NASDAQ:CCNC), a vertically integrated cryptocurrency miner, today provided a business update for key operational developments. The Company plans to expand its mining operation to a global scale through a strategy that follows current mining migration. The United States is now the number one destination for Bitcoin miners, eclipsing China for the first time ever. According to the Cambridge Centre for Alternative Finance, the United States owns one-third of Bitcoin's hash rate, a 428% increase from September 2020. Following positive momentum in mining farm initiatives in North America, spec

BEIJING, Dec. 3, 2021 /PRNewswire/ -- AGM Group Holdings Inc. ("AGMH" or the "Company") (NASDAQ:AGMH), an integrated technology company focusing on providing fintech software services and producing high-performance hardware and computing equipment, today announced its unaudited financial results for the three months ended September 30, 2021. Third Quarter 2021 Operating and Financial Highlights Total computing power sold was 79,200 TH/S, compared with nil in the same period of 2020. Total revenues were $5.34 million, an increase of approximately $5.30 million from $31,261 in the same period of 2020. Gross profit was $0.71 million, an increase of approximately $0.69 million from $21,138 in th

BEIJING, Nov. 3, 2021 /PRNewswire/ -- AGM Group Holdings Inc ("AGMH" or the "Company") (NASDAQ:AGMH), an integrated technology company focusing on providing fintech software services and producing high-performance hardware and computing equipment, announced today that it has won a purchase order (the "Order") from Code Chain New Continent Limited ("Code Chain" or "CCNC") (NASDAQ:CCNC), a vertically integrated cryptocurrency miner, for cryptocurrency mining machines. Pursuant to the Order agreement, AGMH is expected to deliver 10,000 units of 100 TH/S KOI mining machines worth US$65 million in the second half of 2022. This agreement also provides Code Chain with an option to purchase 10,000 a

NEW YORK, Nov. 2, 2021 /PRNewswire/ -- Code Chain New Continent Limited (the "Company" or "Code Chain") (NASDAQ:CCNC), a vertically integrated cryptocurrency miner, today announced that it has entered into a major order agreement (the "Agreement") with AGM Group Holdings Inc. ("AGMH") (NASDAQ:AGMH). Pursuant to the Agreement, the Company will purchase 10,000 units of KOI Miner 100 TH/S mining machines from AGMH, for a purchase price of US$65 million. The mining machines are expected for delivery during the second half of 2022. Code Chain also has an option to purchase 10,000 additional units. AGMH is an integrated technology company focusing on providing Fintech software services and produc

NEW YORK, Sept. 14, 2021 /PRNewswire/ -- Code Chain New Continent Limited (the "Company," or "Code Chain" or "We") (NASDAQ:CCNC), a leading eco-technology company, today announced that it entered into a non-binding letter of intent (the "LOI") with Shenzhen Jindeniu Electronics Limited("Jindeniu"). Pursuant to the LOI, Code Chain agrees to purchase certain assets, including Filecoin ("FIL") servers, FIL digital currency PiB computing power, and FIL digital currency ("Target Assets") from Jindeniu. The total purchase price will be approximately USD 15.9 million, payable in cash. Following the LOI's execution, Code Chain will arrange its personnel, representatives, and advisors to perform du

NEW YORK, July 30, 2021 Code Chain New Continent Limited (the "Company," or "Code Chain" or "We") (NASDAQ:CCNC), a leading eco-technology company, is pleased to announce that it has completed the previously announced acquisition (the "Acquisition") of all asset of Doo Limited ("Doo"), a Filecoin ("FIL") mining service provider, pursuant to an asset purchase agreement dated July 28, 2021 by and between the Company and Doo, for an aggregate purchase price of RMB 106,388,672.43 (approximately USD$16,442,109.95), payable in the form of 7,647,493 shares of the Company's common stock, valued at USD$2.15 per share. As a result of the closing of the Acquisition, Doo will become a wholly owned s

NEW YORK, June 3, 2021 /PRNewswire/ -- Code Chain New Continent Limited (the "Company," or "Code Chain" or "We") (NASDAQ:CCNC), a leading eco-technology company, today announced that the Company entered into a Joint Venture Agreement ("JV Agreement") with Zhongyou Technology (Shenzhen) Co., Ltd. ("Zhongyou") on June 1, 2021. This agreement establishes a joint venture company, named "Carbon Zero Renewables (Shenzhen) Co., Ltd." (the "JV Company"), to pursue the development and operation of cryptocurrency mining with zero carbon footprint. Pursuant to the JV Agreement, JV Company's registered capital is $1 million and will be contributed 100% in cash by Code Chain. Zhongyou will be responsible

NEW YORK, April 26, 2021 /PRNewswire/ -- Code Chain New Continent Limited (the "Company," or "Code Chain" or "We") (NASDAQ:CCNC), a leading eco-technology company, today announced the execution of a Letter of Intent ("LOI") to acquire 100% of Doo Limited ("Doo"), a Filecoin ("FIL") mining service provider. Headquartered in Hong Kong, Doo engages in the FIL mining business. With mining centers located in Shanghai, Doo owns 10PiB of FIL computing power and 100,000 units of the digital currency, accounting for 0.221% of FIL digital currency globally. Under the terms of LOI, the preliminary purchase price for Doo is $79.8 million, adjustable based on asset appraisal, which shall be paid by issu