Latest news with #AgriFORCE
Globe and Mail
24-06-2025
- Business
- Globe and Mail
AgriFORCE Launches Tri-Pillar Strategy to Power the Future of Digital Infrastructure
WEST PALM BEACH, Fla. and VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. ('AgriFORCE' or the 'Company') (NASDAQ: AGRI) today announced a transformative tri-pillar growth strategy aimed at capitalizing on the accelerating global demand for computational power. This strategic framework focuses on three key areas: Bitcoin treasury development, modular compute infrastructure, and integration with scalable, off-grid energy systems. 'In a world where AI, blockchain, and edge networks are driving exponential compute needs, energy has become the new digital currency,' said Jolie Kahn, CEO of AgriFORCE. 'Our mission is simple: secure the energy, and the compute will follow. This strategy advances our already laid out infrastructure while unlocking long-term value through intelligent power monetization.' 1. Bitcoin Treasury: Building a Strategic Digital Reserve AgriFORCE has begun accumulating Bitcoin through self-mining and intends to follow a dual approach also focusing on direct market acquisition. In the past seven months, the company has mined 7 BTC (valued at approximately $750,000). Its strategy includes: - Allocating up to 50% of capital raised toward Bitcoin purchases - Retaining up to 50% of mined Bitcoin in long-term treasury - Creating a blended reserve cost by combining low-cost acquisition and in-house production This approach strengthens AgriFORCE's balance sheet while ensuring both liquidity and upside exposure in the digital asset space. 2. Compute Infrastructure: Scaling with Energy-First Design AgriFORCE currently operates three mining campuses across Alberta and Ohio, delivering roughly 6 MW of capacity and 0.17 EH/s of hash power. The company is targeting 1 EH/s by the end of Q1 2026, supported by: - A strategic partnership with BlueFlare Energy™ Solutions Inc. - Access to over 50 MW of secured natural gas with upward potential across multiple sites in Alberta - Deployment of mobile, modular gas-to-power units for off-grid scalability - A development pipeline expected to exceed 100 MW by 2026 Jolie Kahn added, 'Our model inverts traditional infrastructure development — we convert stranded gas into compute power, activating new sites in weeks, not years.' 3. Future-Ready Systems: From Bitcoin to AI and Edge Compute AgriFORCE's modular architecture extends beyond crypto mining, offering compute capabilities tailored for AI, edge computing, and sovereign data solutions. Key capabilities include: - AI inference in latency-critical environments - Decentralized cloud and edge hosting - Private, off-grid compute services for telecom and industrial clients This diversification expands revenue potential and mitigates long-term risk across the digital infrastructure spectrum. The Energy-Compute Nexus: A Strategic Edge 'At AgriFORCE, energy isn't a constraint — it's our advantage,' said Chris Polimeni, CFO. 'As energy becomes the limiting factor for compute expansion, we've positioned ourselves to lead — not follow — in scalable infrastructure.' About AgriFORCE AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) is a publicly traded infrastructure innovator deploying energy-first digital asset platforms across Bitcoin, AI, and edge computing ecosystems. By converting underutilized natural gas into modular, high-efficiency compute environments, AgriFORCE is redefining how energy fuels the digital age. Follow AgriFORCE on Social Media - Instagram: @agriforcegs - X (Twitter): @agriforcegs - Facebook: @agriforcegs - LinkedIn: @agriforcegs - TruthSocial: @agriforcegs Follow TerraHash Digital™ on Social Media - Instagram: @Terrahashdigital - X (Twitter): @THashDGTL - Facebook: TerraHash Digital™ - LinkedIn: @TerraHash-Digital - TruthSocial: @THashDGTL Investor Relations +1-561-717-1742 info@ Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws. All statements, other than statements of historical fact, included in this press release are forward-looking statements. The words "may," "will," "could," "anticipate," "expect," "intend," "believe," "continue," "target" and similar expressions or variations or negatives of these words are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Such forward-looking statements include, among other things, statements related to the expected benefits of AGRI's activities in Bitcoin mining and as a multifaceted digital energy and infrastructure company. Such forward-looking statements are based on management's current expectations about future events as of the date hereof and involve many risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in our forward-looking statements. Subsequent events and developments, including actual results or changes in our assumptions, may cause our views to change. We do not undertake to update our forward-looking statements except to the extent required by applicable law. Readers are cautioned not to place undue reliance on such forward-looking statements. All forward-looking statements included herein are expressly qualified in their entirety by these cautionary statements. Our actual results and outcomes could differ materially from those included in these forward-looking statements as a result of various factors, including, but not limited to, the factors set forth under the heading 'Risk Factors' in our most recent annual report on Form 10-K, and any other periodic reports that we may file with the SEC.
Associated Press
24-06-2025
- Business
- Associated Press
AgriFORCE Launches Tri-Pillar Strategy to Power the Future of Digital Infrastructure
WEST PALM BEACH, FL and VANCOUVER, BC, June 24, 2025 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. ('AgriFORCE' or the 'Company') (NASDAQ: AGRI) today announced a transformative tri-pillar growth strategy aimed at capitalizing on the accelerating global demand for computational power. This strategic framework focuses on three key areas: Bitcoin treasury development, modular compute infrastructure, and integration with scalable, off-grid energy systems. 'In a world where AI, blockchain, and edge networks are driving exponential compute needs, energy has become the new digital currency,' said Jolie Kahn, CEO of AgriFORCE. 'Our mission is simple: secure the energy, and the compute will follow. This strategy advances our already laid out infrastructure while unlocking long-term value through intelligent power monetization.' 1. Bitcoin Treasury: Building a Strategic Digital Reserve AgriFORCE has begun accumulating Bitcoin through self-mining and intends to follow a dual approach also focusing on direct market acquisition. In the past seven months, the company has mined 7 BTC (valued at approximately $750,000). Its strategy includes: - Allocating up to 50% of capital raised toward Bitcoin purchases - Retaining up to 50% of mined Bitcoin in long-term treasury - Creating a blended reserve cost by combining low-cost acquisition and in-house production This approach strengthens AgriFORCE's balance sheet while ensuring both liquidity and upside exposure in the digital asset space. 2. Compute Infrastructure: Scaling with Energy-First Design AgriFORCE currently operates three mining campuses across Alberta and Ohio, delivering roughly 6 MW of capacity and 0.17 EH/s of hash power. The company is targeting 1 EH/s by the end of Q1 2026, supported by: - A strategic partnership with BlueFlare Energy™ Solutions Inc. - Access to over 50 MW of secured natural gas with upward potential across multiple sites in Alberta - Deployment of mobile, modular gas-to-power units for off-grid scalability - A development pipeline expected to exceed 100 MW by 2026 Jolie Kahn added, 'Our model inverts traditional infrastructure development — we convert stranded gas into compute power, activating new sites in weeks, not years.' 3. Future-Ready Systems: From Bitcoin to AI and Edge Compute AgriFORCE's modular architecture extends beyond crypto mining, offering compute capabilities tailored for AI, edge computing, and sovereign data solutions. Key capabilities include: - AI inference in latency-critical environments - Decentralized cloud and edge hosting - Private, off-grid compute services for telecom and industrial clients This diversification expands revenue potential and mitigates long-term risk across the digital infrastructure spectrum. The Energy-Compute Nexus: A Strategic Edge 'At AgriFORCE, energy isn't a constraint — it's our advantage,' said Chris Polimeni, CFO. 'As energy becomes the limiting factor for compute expansion, we've positioned ourselves to lead — not follow — in scalable infrastructure.' About AgriFORCE AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) is a publicly traded infrastructure innovator deploying energy-first digital asset platforms across Bitcoin, AI, and edge computing ecosystems. By converting underutilized natural gas into modular, high-efficiency compute environments, AgriFORCE is redefining how energy fuels the digital age. Follow AgriFORCE on Social Media - Instagram: @agriforcegs - X (Twitter): @agriforcegs - Facebook: @agriforcegs - LinkedIn: @agriforcegs - TruthSocial: @agriforcegs Follow TerraHash Digital™ on Social Media - Instagram: @Terrahashdigital - X (Twitter): @THashDGTL - Facebook: TerraHash Digital™ - LinkedIn: @TerraHash-Digital - TruthSocial: @THashDGTL Investor Relations +1-561-717-1742 [email protected] Forward-Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws. All statements, other than statements of historical fact, included in this press release are forward-looking statements. The words 'may,' 'will,' 'could,' 'anticipate,' 'expect,' 'intend,' 'believe,' 'continue,' 'target' and similar expressions or variations or negatives of these words are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Such forward-looking statements include, among other things, statements related to the expected benefits of AGRI's activities in Bitcoin mining and as a multifaceted digital energy and infrastructure company. Such forward-looking statements are based on management's current expectations about future events as of the date hereof and involve many risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in our forward-looking statements. Subsequent events and developments, including actual results or changes in our assumptions, may cause our views to change. We do not undertake to update our forward-looking statements except to the extent required by applicable law. Readers are cautioned not to place undue reliance on such forward-looking statements. All forward-looking statements included herein are expressly qualified in their entirety by these cautionary statements. Our actual results and outcomes could differ materially from those included in these forward-looking statements as a result of various factors, including, but not limited to, the factors set forth under the heading 'Risk Factors' in our most recent annual report on Form 10-K, and any other periodic reports that we may file with the SEC.
Associated Press
12-06-2025
- Business
- Associated Press
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
Landmark Collaboration Marks First Execution Under AgriFORCE's Power & Compute Initiative with Modular, Efficiency-Aligned Infrastructure Across Five Alberta Sites Vancouver, British Columbia and West Palm Beach, FL, June 12, 2025 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. ('AgriFORCE' or the 'Company') (NASDAQ: AGRI), a mission-driven technology company at the forefront of agriculture, clean energy, and decentralized computing, today announced its first deployment under the Power & Compute Initiative via a binding Letter of Intent (LOI) with BlueFlare Energy™ Solutions Inc. ('BlueFlare'). The agreement outlines a deployment of 1.3 megawatts of modular, natural gas-powered Bitcoin mining infrastructure across five strategically located sites in Alberta, Canada. Deployment Overview: Five Phases Across Alberta Under the terms of the LOI, BlueFlare will lead the full-stack delivery of compute infrastructure and energy systems across the following phased sites: The total project encompasses generators and 315 Bitmain S21 Pro ASIC miners (200 TH/s per unit) and includes comprehensive site deployment, design, integration, and commissioning services. Technology Stack: Embedded Intelligence & ESG Enablement This inaugural deployment will leverage BlueFlare's proprietary platform stack to deliver intelligent and carbon-aware compute infrastructure: Complementing this is the Carbon Cube™, BlueFlare's real-time environmental telemetry system for ESG reporting, carbon credit tracking, and site-level sustainability monitoring. Strategic Execution & Exclusivity AgriFORCE has submitted a binding deposit toward the first two months of hosting and operations at the Berwyn Phase 1 site. The all-in power and hosting cost is fixed at $0.065 per kWh, excluding consumables and extraordinary repairs. The full infrastructure deployment is scheduled for completion within 90 days. AgriFORCE has secured a 90-day exclusivity window and Right of First Refusal (ROFR) on the final two phases in Hinton and future BlueFlare opportunities across Alberta and other regions. Leadership Commentary 'This project puts our Power & Compute Initiative into action with a modular, environmentally intelligent deployment across high-potential Canadian sites,' said Jolie Kahn, CEO of AgriFORCE. 'BlueFlare's integrated engineering and ESG platforms are a perfect fit for our decentralized compute vision. We're not just building hashrate—we're deploying intelligent digital assets backed by sustainable infrastructure and advanced operational visibility. The Company reaffirms its commitment to building its Bitcoin Treasury through hodling bitcoin which it mines, and to date, it has continued to hodl all bitcoin it has mined. The Company also plans to augment its bitcoin holdings through further purchases of bitcoin in the market, as capital resources permit.' Next Steps The parties intend to finalize definitive agreements—including hosting, power, and site lease arrangements—on or before June 30, 2025, with initial on-site work to commence immediately thereafter. About AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) AgriFORCE is a mission-first technology company focused on unlocking innovation at the intersection of agriculture, energy, and digital infrastructure. Through its division TerraHash Digital™, the Company delivers modular mining and high-performance computing solutions powered by renewable and recovered energy. Learn more: About BlueFlare Energy™ Solutions Inc. BlueFlare is a decentralized infrastructure company specializing in mobile natural gas generation, compute deployment, and carbon-aware optimization technologies. Its platforms span blockchain, AI, emissions tracking, and energy monetization. Learn more: Follow AgriFORCE and TerraHash Digital™ AgriFORCE Social Media: TerraHash Digital™ Social Media: Forward-Looking Statements This press release contains forward-looking statements regarding the execution and expansion of infrastructure projects, operational performance, and market growth. These statements are subject to risks including delays in deployment, regulatory uncertainties, supply chain disruptions, and power cost fluctuations. Refer to AgriFORCE's SEC filings for a full risk discussion. The Company undertakes no obligation to update forward-looking statements except as required by law. Investor Contact: AgriFORCE Investor Relations +1-561-717-1742
Globe and Mail
10-06-2025
- Business
- Globe and Mail
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
Vancouver, British Columbia and Grand Prairie, Alberta, June 10, 2025 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. ('AgriFORCE' or the 'Company') (NASDAQ: AGRI), an innovation-driven infrastructure and technology company, today announced the launch of a Strategic Power & Compute Initiative in collaboration with BlueFlare Energy ™ Solutions Inc. ('BlueFlare'), a developer of mobile, natural gas-powered generation systems. The partnership signals a major step forward in AgriFORCE's TerraHash Digital ™ strategy to build scalable, high-performance computing (HPC) infrastructure for data-intensive applications, including blockchain networks and modular AI workloads. Modular Power Meets Next-Gen Compute At the heart of the Initiative is a shared vision: transforming stranded or underutilized natural gas resources into resilient, decentralized computing infrastructure. The collaboration will enable the deployment of modular energy and compute systems capable of supporting everything from Bitcoin mining to artificial intelligence, edge computing, and real-time analytics. Under the agreement, AgriFORCE will finance and acquire BlueFlare's proprietary mobile gas-generation units, while BlueFlare will deploy, manage, and operate the end-to-end compute infrastructure. Integrated Technologies for Intelligent Infrastructure The Initiative leverages BlueFlare's full-stack platform for remote site management and real-time optimization: BlueFlare OS ™ – Unified dashboard for fleetwide monitoring of power consumption, uptime, thermal metrics, and hash/computing performance. Performance Optimization Suite – Adaptive control systems for voltage, fan, and clock speed management to extend hardware longevity. Remote Command Layer – Full remote operability with one-click reboot, firmware pushes, and miner resets. Alerting & Predictive Analytics – AI-enabled systems for anomaly detection, maintenance forecasting, and incident prevention. Batch Configuration Tools – Streamlined fleet provisioning for new miners, pools, and compute workloads. Also featured is the BlueFlare Carbon Cube ™, a high-precision environmental monitoring and emissions management platform that supports carbon credit validation and ESG reporting—transforming every site into a measurable sustainability asset. Strategic Growth Path & Infrastructure Rights AgriFORCE has secured a Right of First Refusal (ROFR) on future BlueFlare-sourced sites that align with TerraHash Digital ™ 's expansion criteria. This ensures a consistent and scalable approach to deploying distributed HPC and digital infrastructure across energy-rich regions in Alberta and beyond. 'This Initiative is a leap forward in our mission to make computing infrastructure more scalable, sustainable, and financially efficient,' said Jolie Kahn, CEO of AgriFORCE. 'Together with BlueFlare, we're pioneering a new era of distributed compute—optimized for both environmental impact and performance.' Empowering Rural Innovation Through ESG-Aligned Compute The AgriFORCE–BlueFlare collaboration is designed as a blueprint for regional innovation. By channeling latent energy into data-driven systems, the Initiative promotes rural job creation, grid independence, and carbon offset monetization. ' The Carbon Cube and its supporting technologies represent a breakthrough in transforming stranded or uneconomical energy assets into value-generating infrastructure,' added Dave Jackson, CEO of BlueFlare Energy ™ Solutions Inc. ' Our goal is to not only enable advanced data mining and high-performance computing, but also to generate carbon credits that offset raw energy costs and fuel predictive modeling on the project's frontend. It's a value-added approach that enhances both operational intelligence and environmental accountability. ' About AgriFORCE Growing Systems Ltd. AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) is a mission-first company operating at the convergence of agriculture, clean energy, and digital infrastructure. Through its TerraHash Digital ™ division, the company develops and manages high-performance compute environments that support the future of decentralized economies and sustainability. Learn more: About BlueFlare Energy ™ Solutions Inc. Based in Grand Prairie, Alberta, BlueFlare Energy ™ Solutions Inc. is a leader in mobile natural gas-powered generation and decentralized compute technologies. BlueFlare's platforms unlock stranded energy for scalable applications ranging from Bitcoin mining to real-time data processing. Learn more: Follow AgriFORCE on Social Media Follow TerraHash Digital ™ on Social Media Instagram: @Terrahashdigital X (Twitter): @THashDGTL Facebook: TerraHash Digital™ LinkedIn: @TerraHash-Digital TruthSocial: @THashDGTL Forward-Looking Statements This release contains forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. Such statements involve known and unknown risks and uncertainties that may cause actual results to differ materially. Readers are encouraged to review AgriFORCE's SEC filings under 'Risk Factors.' The Company disclaims any obligation to update forward-looking statements except as required by law.
Globe and Mail
30-05-2025
- Business
- Globe and Mail
AgriFORCE (NASDAQ: AGRI )Emerges from Bitcoin 2025 with Expanded Industry Relationships and Clear Path to Infrastructure Leadership
Three Days of Collaboration Reinforce AgriFORCE's Role in Grid-Efficient Mining and Digital Energy Futures Vancouver, British Columbia and West Palm Beach, FL, May 30, 2025 (GLOBE NEWSWIRE) -- Following an impactful presence at Bitcoin 2025, AgriFORCE Growing Systems Ltd. ('AgriFORCE' or the 'Company') (NASDAQ: AGRI) is pleased to share key takeaways, strategic insights, and next steps in its mission to accelerate sustainable digital infrastructure development. Key Takeaways from Bitcoin 2025 Strengthened Ecosystem Relationships AgriFORCE leveraged the Las Vegas conference to deepen relationships with leading utility operators, modular data center OEMs, and energy-integrated hosting platforms. Notably, the Company initiated co-development dialogues with North American natural gas aggregators and advanced load-balancing software providers focused on dynamic mining-to-grid orchestration. These new synergies are expected to streamline future deployment of TerraHash Digital ™ sites across underutilized energy corridors. Investor and Analyst Interest Institutional engagement was a standout theme. The AgriFORCE team met with multiple hedge funds and digital asset infrastructure allocators, receiving positive feedback on its hybrid infrastructure-token model. Several follow-up discussions are already scheduled with investors seeking access to sustainable compute yields and inflation-hedged hard asset exposure. Media & Thought Leadership Coverage AgriFORCE and CEO Jolie Kahn were featured in multiple media segments during the event, including a panel highlight in Mining Disrupted Weekly and an interview with The Hashcast, focusing on AgriFORCE's dual-role in regenerative energy systems and high-efficiency compute. Community influencers on YouTube and X (formerly Twitter) amplified the Company's message around the convergence of agricultural innovation and decentralized infrastructure. Reaffirmed Commitment to Sustainability & Inclusion As part of the 'Women in Bitcoin' initiative at the conference, Ms. Kahn participated in roundtable sessions promoting inclusive leadership in digital infrastructure. AgriFORCE reaffirmed its commitment to advancing diversity in energy tech, while scaling initiatives that tie grid optimization to sustainable land and food systems. Next Steps Roadmap Execution Based on insights and partnerships from Bitcoin 2025, AgriFORCE is fast-tracking two pilot deployments in Q3 2025—one in a legacy agricultural zone with stranded power in Alberta, and another in the U.S. Southeast focused on dual-output (mining + agtech) capacity. The Company is also finalizing its token economics upgrade, aligning with Solana for scalable validator integration. Q2/Q3 Engagements AgriFORCE will continue momentum through a series of strategic engagements including its June participation in the North American Blockchain Summit and a targeted investor roadshow spanning New York, Toronto, and Dubai. These efforts aim to broaden global awareness and attract aligned capital to its infrastructure pipeline. Follow-Up Availability AgriFORCE invites stakeholders, utilities, tech partners, and investors to schedule one-on-one briefings to explore partnership opportunities, joint ventures, or site-specific development alignments. Quote from CEO Jolie Kahn: 'Our time at Bitcoin 2025 confirmed that the future of mining lies at the intersection of grid intelligence, sustainability, and global collaboration. AgriFORCE is proud to be at the center of that movement,' said Ms. Kahn. 'We are energized by the relationships we've formed and the work ahead.' About AgriFORCE Growing Systems Ltd. AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) is a mission-driven technology company pioneering innovation at the intersection of agriculture, clean energy, and digital infrastructure. Through its TerraHash Digital ™ division, the Company is building high-performance Bitcoin mining campuses with dual-purpose utility—supporting decentralized compute networks while enabling clean energy reuse and sustainable food production. Follow AgriFORCE on Social Media: IG: @agriforcegs X: @agriforcegs FB: @agriforcegs LinkedIn: @agriforcegs TruthSocial: @agriforcegs Follow TerraHash Digital™ on Social Media: IG: @terrahashdigital X: @THashDGTL FB: TerraHash Digital™ LinkedIn: @TerraHash-Digital TruthSocial: @THashDGTL Forward-Looking Statements Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. These include, but are not limited to, statements regarding expected operational capabilities, project development, and financial or environmental impacts. Such forward-looking statements involve risks and uncertainties, including those beyond the Company's control, and may cause actual results to differ materially. Readers are advised to review the Company's filings with the SEC under the heading 'Risk Factors' in Forms 10-K, 10-Q, and 8-K. AgriFORCE undertakes no obligation to update forward-looking statements due to new information or future developments.
