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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]