AgriFORCE Growing Systems .(AGRI)
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AgriFORCE Advances Power & Compute Strategy with Commissioning of Oyen Site for Load Testing
Globenewswire· 2025-07-02 13:35
Core Insights - AgriFORCE Growing Systems Ltd. has successfully installed and commissioned miners at its Oyen, Alberta site, marking a significant advancement in its Power & Compute Initiative [1][2] - The Oyen site is part of a binding Letter of Intent with BlueFlare Energy Solutions Inc. and aims to optimize performance through load testing [2] - The CEO of AgriFORCE emphasized the strategic importance of utilizing underused natural gas resources to enhance operational efficiency and contribute to the company's Bitcoin treasury [3] Company Developments - The commissioning of miners at the Oyen site is a step towards expanding decentralized computing capabilities and is aligned with AgriFORCE's three-pronged approach: Bitcoin treasury accumulation, modular compute infrastructure, and energy-first monetization [3] - The company plans to grow its fleet of power-efficient mining rigs and explore additional avenues to augment its Bitcoin treasury, including the acquisition of Bitcoin [4] Strategic Partnerships - The collaboration with BlueFlare Energy Solutions Inc. is pivotal for AgriFORCE, as it supports the development of modular, mobile energy and decentralized compute solutions [6]
AgriFORCE CEO Jolie Kahn Attends Exclusive 2025 Bitcoin Policy Summit in Washington, D.C., as Conversations Expand to Stablecoins and the Future of Digital Infrastructure
Globenewswire· 2025-06-26 13:15
Core Insights - AgriFORCE Growing Systems Ltd. is enhancing its role in the intersection of agriculture, energy, and digital assets, particularly through its TerraHash Digital™ platform [3][6] - The company is focusing on energy-efficient Bitcoin mining and data center operations while monitoring stablecoin adoption and its implications for digital trade [3][4] Industry Context - The 2025 Bitcoin Policy Summit gathered leaders from finance, technology, energy, and policy sectors to discuss national energy strategy, digital asset regulation, and decentralized technologies [2][5] - Stablecoins are increasingly recognized as vital for the next-generation monetary ecosystem, offering faster and more cost-effective transactions, especially in energy and commodities [4][5] Company Engagement - CEO Jolie Kahn's participation in the Summit underscores AgriFORCE's commitment to responsible innovation and policy engagement in sustainable digital infrastructure [4][6] - The company aims to support the evolving landscape of digital finance by developing the necessary infrastructure for secure mining operations and high-performance data centers [4][6]
AgriFORCE Launches Tri-Pillar Strategy to Power the Future of Digital Infrastructure
Globenewswire· 2025-06-24 13:15
Core Viewpoint - AgriFORCE Growing Systems Ltd. has announced a transformative tri-pillar growth strategy to capitalize on the increasing global demand for computational power, focusing on Bitcoin treasury development, modular compute infrastructure, and integration with scalable, off-grid energy systems [1][2]. Group 1: Bitcoin Treasury Development - AgriFORCE is accumulating Bitcoin through self-mining and market acquisition, having mined 7 BTC valued at approximately $750,000 in the past seven months [2]. - The strategy aims to strengthen the company's balance sheet while ensuring liquidity and exposure to the digital asset space [2][4]. Group 2: Compute Infrastructure - The company operates three mining campuses in Alberta and Ohio, delivering around 6 MW of capacity and 0.17 EH/s of hash power, with a target of 1 EH/s by the end of Q1 2026 [3]. - AgriFORCE's model focuses on converting stranded gas into compute power, enabling rapid site activation [3][4]. Group 3: Future-Ready Systems - The modular architecture of AgriFORCE extends beyond crypto mining, providing compute capabilities for AI, edge computing, and sovereign data solutions [3][6]. - This diversification is expected to expand revenue potential and mitigate long-term risks across the digital infrastructure spectrum [3]. Group 4: Energy-Compute Nexus - AgriFORCE positions energy as an advantage in scalable infrastructure, with plans to allocate up to 50% of capital raised toward Bitcoin purchases and retain up to 50% of mined Bitcoin in long-term treasury [4][5]. - The company has secured a partnership with BlueFlare Energy™ Solutions Inc., providing access to over 50 MW of natural gas and a development pipeline expected to exceed 100 MW by 2026 [5].
AgriFORCE (NASDAQ: AGRI) Ignites Energy-Led Digital Infrastructure Strategy with Launch of First Commissioned Site in Berwyn, Alberta and Execution of Strategic LOI for Alberta Expansion
Globenewswire· 2025-06-17 12:30
Core Insights - AgriFORCE Growing Systems Ltd. has announced significant advancements in its Power & Compute strategy, focusing on Bitcoin treasury accumulation, modular compute infrastructure, and energy-first monetization [1][5] Group 1: Operational Milestones - The Berwyn site is the first operational deployment under the Power & Compute Initiative, currently running with a capacity of over 425 kW, with plans to expand to over 625 kW [2][6] - A binding Letter of Intent (LOI) has been signed with BlueFlare Energy™ to develop an additional 1.3 MW of power and compute capacity at two new sites in Alberta [4][6] Group 2: Strategic Vision - The company aims to convert stranded gas into ESG-compliant digital compute rapidly, with a target of reaching 1 EH/s compute capacity by Q1 2026 [3][5][12] - The operational model includes a blended approach where up to 50% of capital raises are allocated to direct Bitcoin purchases, and up to 50% of mined Bitcoin is retained in the corporate treasury [9] Group 3: Infrastructure and Technology - The infrastructure includes high-efficiency mining pods and a proprietary operating system for telemetry and predictive maintenance, ensuring ESG compliance [7][10] - The company has exclusive access to over 50 MW of natural gas, with plans to expand to over 100 MW by 2026, utilizing mobile, off-grid systems to bypass utility delays [12]
AgriFORCE (NASDAQ: AGRI) and BlueFlare Energy™ Execute Binding Letter of Intent for 1.3MW Alberta Bitcoin Mining Deployment and AGRI Reaffirms Commitment to Augment its Bitcoin Treasury Through Bitcoin Mined From These New Locations
Globenewswire· 2025-06-12 13:30
Core Insights - AgriFORCE Growing Systems Ltd. has initiated its Power & Compute Initiative through a partnership with BlueFlare Energy Solutions, marking a significant step in deploying modular, efficient infrastructure for Bitcoin mining in Alberta, Canada [1][2] Deployment Overview - The project involves a total deployment of 1.3 megawatts of natural gas-powered Bitcoin mining infrastructure across five sites in Alberta, with a total of 315 Bitmain S21 Pro ASIC miners [2][3] - The deployment is structured in five phases, with specific power capacities and number of miners allocated to each phase [3] Technology Stack - The deployment will utilize BlueFlare's proprietary technology stack, which includes a real-time environmental telemetry system for ESG reporting and carbon credit tracking [4] Strategic Execution - AgriFORCE has committed to a fixed power and hosting cost of $0.065 per kWh for the first two months of operations at the Berwyn Phase 1 site [5] - The full infrastructure deployment is expected to be completed within 90 days, with AgriFORCE securing a 90-day exclusivity window for future opportunities [6] Leadership Commentary - The CEO of AgriFORCE emphasized the project's alignment with their decentralized compute vision and the importance of sustainable infrastructure [7][8] Next Steps - The parties plan to finalize definitive agreements regarding hosting, power, and site lease arrangements by June 30, 2025, with initial work commencing shortly thereafter [8]
TerraHash Digital™, a division of AgriFORCE (NASDAQ: AGRI), partners with BlueFlare Energy™ to launch a Power & Compute Initiative, advancing HPC and modular Bitcoin mining infrastructure in Alberta
Globenewswire· 2025-06-10 13:15
Core Insights - AgriFORCE Growing Systems Ltd. has launched a Strategic Power & Compute Initiative in collaboration with BlueFlare Energy Solutions to enhance its TerraHash Digital strategy for high-performance computing infrastructure [1][2] Group 1: Initiative Overview - The Initiative aims to transform stranded or underutilized natural gas resources into decentralized computing infrastructure, supporting applications such as Bitcoin mining and AI [2] - AgriFORCE will finance and acquire BlueFlare's mobile gas-generation units, while BlueFlare will manage the compute infrastructure [3] Group 2: Technological Integration - The Initiative utilizes BlueFlare's platform for remote site management and includes the BlueFlare Carbon Cube for environmental monitoring and emissions management, enhancing sustainability [4] - Features include a unified dashboard for monitoring power consumption and performance, adaptive control systems for hardware longevity, and AI-enabled predictive analytics for maintenance [8] Group 3: Strategic Growth and Rights - AgriFORCE has secured a Right of First Refusal on future BlueFlare-sourced sites, ensuring scalable deployment of digital infrastructure in energy-rich regions [5] - The collaboration is positioned as a model for regional innovation, promoting job creation and carbon offset monetization [6] Group 4: Leadership Perspectives - The CEO of AgriFORCE emphasized the Initiative's role in making computing infrastructure more scalable and sustainable [6] - The CEO of BlueFlare highlighted the potential for generating carbon credits and enhancing operational intelligence through the Initiative [7] Group 5: Company Background - AgriFORCE operates at the intersection of agriculture, clean energy, and digital infrastructure, focusing on high-performance compute environments for decentralized economies [9] - BlueFlare specializes in mobile natural gas-powered generation and decentralized compute technologies, unlocking stranded energy for various applications [10]
AgriFORCE (NASDAQ: AGRI )Emerges from Bitcoin 2025 with Expanded Industry Relationships and Clear Path to Infrastructure Leadership
Globenewswire· 2025-05-30 17:00
Core Insights - AgriFORCE is enhancing its role in sustainable digital infrastructure development through strategic partnerships and initiatives highlighted at Bitcoin 2025 [1][2][6] Group 1: Strategic Partnerships - AgriFORCE deepened relationships with utility operators, data center OEMs, and energy-integrated hosting platforms, initiating co-development dialogues with North American natural gas aggregators and load-balancing software providers [2] - The new synergies are expected to facilitate the deployment of TerraHash Digital sites across underutilized energy corridors [2] Group 2: Investor Engagement - Institutional interest was significant, with positive feedback received from hedge funds and digital asset infrastructure allocators regarding AgriFORCE's hybrid infrastructure-token model [3] - Follow-up discussions are scheduled with investors interested in sustainable compute yields and inflation-hedged hard asset exposure [3] Group 3: Media Coverage and Thought Leadership - AgriFORCE and CEO Jolie Kahn received media attention during the event, participating in panels and interviews that emphasized the company's dual role in regenerative energy systems and high-efficiency computing [4] - Influencers on platforms like YouTube and X amplified the company's message about the intersection of agricultural innovation and decentralized infrastructure [4] Group 4: Commitment to Sustainability - AgriFORCE reaffirmed its commitment to diversity in energy tech and participated in the "Women in Bitcoin" initiative, promoting inclusive leadership in digital infrastructure [5] - The company is scaling initiatives that connect grid optimization with sustainable land and food systems [5] Group 5: Future Plans - AgriFORCE is fast-tracking two pilot deployments in Q3 2025, one in Alberta and another in the U.S. Southeast, focusing on dual-output capabilities [6] - The company is also upgrading its token economics and aligning with Solana for scalable validator integration [6] Group 6: Upcoming Engagements - AgriFORCE plans to maintain momentum through participation in the North American Blockchain Summit and a targeted investor roadshow in New York, Toronto, and Dubai [7] - These efforts aim to increase global awareness and attract capital to its infrastructure pipeline [7] Group 7: Stakeholder Engagement - AgriFORCE invites stakeholders, utilities, tech partners, and investors to schedule briefings to explore partnership opportunities and joint ventures [8]
Radical Clean Solutions Ltd. Terminates Asset Purchase Agreement with AgriForce Growing Systems Ltd.
GlobeNewswire News Room· 2025-05-30 12:30
NEW YORK, May 30, 2025 (GLOBE NEWSWIRE) -- Radical Clean Solutions Ltd. (“Radical” or the “Company”), a Nevada corporation headquartered on Long Island, New York, today announced that it has formally notified AgriForce Growing Systems Ltd. (Nasdaq: AGRI) (“AgriForce”) of the termination of the previously executed asset purchase agreement dated August 16, 2024. The termination was based on what Radical alleges to be multiple material breaches of the agreement by AgriForce. These alleged breaches include: Fai ...
AGRIForce Expands Heat Reuse Infrastructure Across North America, Integrates Automation Through Hiveon Enterprise
Globenewswire· 2025-05-28 13:30
Core Insights - AgriForce Growing Systems Ltd. is strategically expanding its heat reuse network across agricultural sites in the U.S. and Canada, transforming heat from a byproduct into a programmable, high-value asset [1][4] Group 1: Company Operations - The company is partnering with Hiveon to deploy intelligent, mobile, and scalable heat reuse systems that optimize site-level operations by integrating with the Hiveon Enterprise platform for real-time data analysis [2][3] - AgriForce's new systems allow for automated optimization of operations, improving efficiency and reducing complexity, which is a significant step towards automation-driven agriculture and energy synergy [3][4] Group 2: Technological Innovation - The modular infrastructure can be utilized in both off-grid and grid-connected environments, enabling participation in Virtual Power Plant (VPP) programs and demand response markets, thus turning flexible power assets into revenue-generating resources [3][4] - The company aims to decarbonize agriculture while enhancing yield and productivity through technological synergy, applying energy-resilient infrastructure across various agricultural climates [4][5] Group 3: Future Outlook - AgriForce is focused on building energy-efficient operations that support long-term value creation, leveraging proprietary infrastructure strategies and clean energy assets for sustainable growth [5]
AgriFORCE Growing Systems Ltd. to Participate in Exclusive BitGo-Hosted Events at Bitcoin 2025; CEO Jolie Kahn Recognized as One of the Only Female Public Company Leaders in Bitcoin Mining
Globenewswire· 2025-05-27 16:05
Core Insights - AgriFORCE Growing Systems Ltd. is participating in Bitcoin 2025, the largest Bitcoin conference, highlighting its commitment to innovation and sustainability in the digital infrastructure sector [1][2][3] Company Participation - CEO Jolie Kahn will attend four exclusive events hosted by BitGo, emphasizing her influence as one of the few female CEOs in the Bitcoin mining industry [2][3] - AgriFORCE's presence at Bitcoin 2025 aligns with the recent launch of its TerraHash Digital division, which focuses on energy-efficient Bitcoin mining campuses [3][4] Strategic Goals - The company aims to lead in building sustainable and inclusive infrastructure for Bitcoin mining, contributing to both decentralized computing and clean energy reuse [3][4] - AgriFORCE's TerraHash Digital division is designed to support sustainable food production alongside Bitcoin mining operations [4] Event Details - The events include the BitGo High Roller Summit, a networking experience for top-tier institutions, and the 2025 Women of Bitcoin Brunch, celebrating women's contributions in the Bitcoin industry [6]