AgriFORCE unveils three-pillar strategy focused on bitcoin mining

WEST PALM BEACH/VANCOUVER - AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI), a micro-cap company with a market value of $2.8 million trading near its 52-week low, announced Tuesday a new strategic framework centered on bitcoin treasury development, modular compute infrastructure, and integration with off-grid energy systems. According to InvestingPro analysis, the company operates under significant financial pressure with a weak financial health score.

The company reported it has mined 7 bitcoin (valued at approximately $750,000) over the past seven months as part of its treasury building efforts. According to the press release, AgriFORCE plans to allocate up to 50% of capital raised toward bitcoin purchases and retain up to 50% of mined bitcoin in long-term reserves. This strategy comes as the company faces significant cash burn rates, with negative EBITDA of $5.41 million in the last twelve months.

AgriFORCE currently operates three mining facilities across Alberta and Ohio with approximately 6 MW of capacity and 0.17 EH/s of hash power. The company stated it aims to reach 1 EH/s by the end of Q1 2026.

"Our model inverts traditional infrastructure development - we convert stranded gas into compute power, activating new sites in weeks, not years," said Jolie Kahn, CEO of AgriFORCE, in the company statement.

The firm has partnered with BlueFlare Energy Solutions Inc. and secured access to over 50 MW of natural gas across multiple Alberta sites. AgriFORCE indicated its development pipeline is expected to exceed 100 MW by 2026.

Beyond cryptocurrency mining, the company stated its infrastructure is designed to support AI, edge computing, and data solutions, potentially diversifying its revenue streams.

Chris Polimeni, CFO of AgriFORCE, said in the announcement, "As energy becomes the limiting factor for compute expansion, we’ve positioned ourselves to lead - not follow - in scalable infrastructure."

This information is based on a company press release statement containing forward-looking projections that may differ from actual future results. For deeper insights into AGRI’s financial health and 20+ additional ProTips, visit InvestingPro, where you can access comprehensive financial metrics and expert analysis.

In other recent news, AgriFORCE Growing Systems Ltd. has been active with several strategic developments. The company recently completed its Bitcoin mining expansion in East Palestine, Ohio, adding 500 Bitmain S19j Pro 100T mining machines, which increased its operational capacity to 130 petahash per second. Additionally, AgriFORCE has entered into a binding agreement with BlueFlare Energy Solutions to deploy 1.3 megawatts of natural gas-powered Bitcoin mining infrastructure across five sites in Alberta, Canada. The deployment will be completed in five phases, with the first phase already underway in Berwyn.

In another development, AgriFORCE has expanded its heat reuse network across North America in collaboration with Hiveon, integrating intelligent, mobile, and scalable systems to optimize operations. The company also launched TerraHash Digital™, a new division focused on Bitcoin mining and digital infrastructure solutions, at the Bitcoin 2025 event. This division aims to establish scalable and energy-efficient mining campuses while incorporating heat recapture and sustainable food production.

However, AgriFORCE is facing legal challenges as Radical Clean Solutions Ltd. terminated its asset purchase agreement with the company, citing multiple breaches of contract. Radical Clean Solutions has filed a lawsuit seeking damages for these alleged breaches. Despite these challenges, AgriFORCE continues to emphasize its commitment to integrating clean energy and sustainable technologies in its operations.

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