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AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW) is an innovative AgTech company dedicated to transforming modern agricultural practices through cutting-edge technology and proprietary intellectual property (IP). The company leverages its expertise to create sustainable agricultural solutions that optimize crop yields and enhance food safety.
Core Business and Innovations:
AgriFORCE’s primary focus is on developing and utilizing its IP assets to drive improvements in the agricultural industry. This includes its proprietary patent-pending facility design and automated growing systems. Their AgriFORCE Brands division is actively involved in the development and commercialization of plant-based ingredients and products, such as Awakened Flour and Awakened Grains, aimed at delivering more nutritious food.
Recent Achievements and Projects:
AgriFORCE has made significant strides, including the acquisition of a 14% stake in Radical Clean Solutions (RCS). RCS specializes in chemical-free Hydroxyl devices that effectively eliminate pathogens, mold, mildew, and volatile organic compounds (VOCs) in various environments like food production facilities and indoor farms. This partnership enables AgriFORCE to exclusively commercialize these devices, which are crucial for reducing food spoilage and ensuring food safety.
Additionally, AgriFORCE's innovative AgriForce/RCS Hydroxyl Devices were selected as one of the top 20 new innovations at EXPO Guanajuato 2023, the largest AgTech exposition in Latin America. The Hydroxyl technology uses hydroxyls, known as
AgriFORCE Growing Systems (NASDAQ: AGRI) reported progress in its Radical Clean Solutions (RCS) division, acquired in August 2024. The company has successfully delivered initial large commercial units from a major European purchase order in 2025 through its UK-based distribution partner.
The company has also secured its first two purchase orders from the Caribbean Basin, including a consignment order for deploying RCS units in Barbados and St. Lucia. The RCS division is actively expanding its product catalog and market presence across Western Europe, Latin America, the Caribbean Basin, and the Middle East.
AgriFORCE Growing Systems (NASDAQ: AGRI) announced its participation in the upcoming 'Digital Assets 2025: To Bitcoin and Beyond' virtual conference, hosted by Maxim Group on February 12, 2025. CEO Jolie Kahn will present at the event, which explores digital asset industry evolution and 2025 regulatory changes.
The company has achieved significant operational expansion in under 90 days, operating three bitcoin mining facilities - two in Ohio and one in Alberta - with a total capacity of 5 MW. Key performance metrics include:
- 18 PH/s hashrate
- 0.057 BTC daily production
- 1,120 mining units
- $0.04/kWh energy efficiency
AgriFORCE recently completed a $4.5M acquisition of a 5 MW bitcoin mining facility in Ohio using natural gas flare energy, with 900+ active miners and expansion capacity to 1,200 units. The company also announced the opening of its US headquarters in West Palm Beach, FL, citing the area's tech and crypto-friendly business environment.
AgriFORCE Growing Systems (NASDAQ: AGRI) announced the acquisition and upcoming deployment of 220 new BITMAIN Antiminer S19kPro miners at its Sturgeon, Alberta facility, replacing 134 existing miners. This upgrade is expected to triple the facility's hashrate.
The company benefits from Alberta's cold climate, which reduces cooling costs and eliminates the need for immersion cooling. Operating in Alberta provides a 40% discount in foreign currency arbitrage compared to USD purchases, particularly advantageous given the 25% U.S. tariffs on foreign-manufactured mining equipment.
The company cites ongoing negotiations with Alberta representatives and the Trump administration as creating favorable regulatory conditions. COO Barrett Mooney emphasized their focus on asset optimization, while CEO Jolie Kahn highlighted their business model targeting immediate revenue generation through ready-to-produce assets.
AgriFORCE Growing Systems (NASDAQ: AGRI) has transformed into a fully operational bitcoin mining and agtech company over a 75-day period. The company now operates three strategic sites in Ohio and Alberta with a combined 5 MW capacity, achieving a collective hashrate of 18 PH/s and producing approximately 0.057 BTC per day with 1,120 miners at an energy cost of $0.04 per kWh.
The company recently acquired a 5 MW bitcoin mining facility in Columbiana County, Ohio for $4.5 million, which currently operates over 900 bitcoin mining units with potential expansion to 1,200 units. AgriFORCE has secured the first $7 million tranche of a potential $50 million financing facility from institutional investors to support its expansion plans.
The company has recorded a 600% increase in hashrate since starting operations at its Sturgeon, Alberta facility, with only one outage day since November 30, 2024. AgriFORCE's strategy includes leveraging stranded gas assets while integrating sustainable energy and agricultural growth initiatives.
AgriFORCE Growing Systems (NASDAQ: AGRI) has reported significant growth in its bitcoin mining operations with the acquisition of a 5 MW facility in Columbiana County, Ohio. The company has increased its hashrate by over 600% in less than 60 days, demonstrating rapid expansion in its mining capabilities.
CEO Jolie Kahn announced the company's strategy to continue targeting stranded assets with scalable growth potential and plans to HODL 10% or more of their Bitcoin output. The expansion aligns with Ohio's cryptocurrency initiatives, including the proposed Ohio Bitcoin Reserve Act (HB 703), which aims to use Bitcoin as a hedge against currency devaluation.
The facility is expected to create new jobs in advanced technology and sustainable agriculture while contributing to food security in Ohio, where over 14% of households face food insecurity challenges.
AgriFORCE Growing Systems (NASDAQ: AGRI) has acquired a 5 MW bitcoin mining facility in Columbiana County, Ohio for $4.5 million in cash. The facility currently operates over 900 bitcoin mining units with capacity for 1,200 units, powered by natural gas energy from flare gas.
The strategic acquisition aims to integrate sustainable energy solutions with innovative agricultural initiatives. The company plans to enhance operations by repurposing waste heat and implementing carbon capture technology, enabling diversified revenue streams through sustainable agricultural practices, including premium crop cultivation and aquaculture systems.
Chairman David Welch emphasized that the facility demonstrates their ability to execute a scalable business model combining cryptocurrency mining revenue with agricultural operational efficiency.
AgriFORCE Growing Systems (NASDAQ: AGRI) has appointed Dr. Barrett Mooney as Chief Operating Officer to strengthen its technological innovation initiatives in sustainable agriculture and cryptocurrency mining. Dr. Mooney, who holds a Ph.D. in Agricultural and Biological Engineering, brings significant expertise from his previous roles, including co-founding HydroBio Inc., which optimized irrigation for over 250,000 acres and managed 1.5 trillion gallons of water globally before being acquired by The Climate
Dr. Mooney's experience includes leading cross-functional teams at The Climate , utilizing AI and satellite imagery for crop yield enhancement. He also served as CEO and Chairman of a NYSE-listed aerospace and defense company. In his new role at AgriFORCE, he will focus on integrating sustainable agricultural practices with energy-intensive operations, particularly at the company's newly acquired cryptocurrency mining and agricultural facility in Alberta, Canada.
AgriFORCE Growing Systems (NASDAQ: AGRI) has announced its participation in The Microcap Conference 2025, scheduled for January 28-30, 2025, at the Borgata Hotel Spa & Casino in Atlantic City, NJ. During the event, the company's management team will deliver a corporate presentation and conduct one-on-one meetings with institutional and individual investors. The discussions will focus on recent developments, growth strategy, and investment opportunities.
AgriFORCE Growing Systems (NASDAQ: AGRI) has signed a Letter of Intent to acquire a 5MW Bitcoin mining facility in Madison Township, Ohio. The facility, powered by sustainable energy, features five 1MW natural gas generator power plants for Bitcoin mining operations.
The company plans to optimize operations by repurposing heat and carbon offsets, diversifying revenue through sustainable agribusinesses including premium crop cultivation and aquaculture. With Ohio ranking 13th nationally in food insecurity affecting 13.7% of households (approximately 640,000 families), AgriFORCE aims to produce nutrient-dense foods such as white-legged shrimp, microgreens, and red seaweed.
The acquisition, scheduled to close in early Q1 2025, mirrors a similar project in Sturgeon County, Alberta, and is expected to generate immediate cash flow upon completion.
AgriFORCE Growing Systems (NASDAQ: AGRI) has launched sustainable agricultural operations at its newly acquired Bitcoin mining facility in Sturgeon County, Alberta. The innovative project combines Bitcoin mining with agriculture by utilizing excess heat and carbon emissions from mining operations to support crop cultivation and aquaculture.
The facility, powered by an on-site generator using flared gas, implements carbon capture and heat reuse technologies to cultivate white-legged shrimp, nutrient-dense micro-greens, and high-demand red seaweed. This integrated approach aims to offset greenhouse gas emissions while contributing to food security and economic development in the region.
The company emphasizes that this model creates multiple revenue streams by repurposing stranded gas assets and modular systems, demonstrating a scalable solution that could be implemented globally.
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