Established in 2006, QMD International Holdings Company Limited (Stock Code: JT9) is a Hong Kong, SAR based holdings company listed in 2010.
In March of 2023, the Company acquired a controlling interest in a 50 MW cryptocurrency server farm in Asia.
With this acquisition, QMD International announced a change in the focus of its business model.
“We believe that the current market trends in the crypto space offer an excellent opportunity for QMD International to reposition itself into an industry that will provide both positive cashflow and capital appreciation by investing not only in cryptocurrencies but also in the underlying technologies,” says Patrick P.L. Chan, Chief Executive Officer of QMD International.
The Company is currently exploring further acquisitions in this field.