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AgriFORCE Expands Acquisition Strategy with Focus on Sustainability and Digital Innovation

Tuesday, 10th December at 8:30 am
VANCOUVER, British Columbia, Dec. 10, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI), a technology-driven company committed to sustainable innovation, has signed a Letter of Intent (LOI) to acquire a Bitcoin mining facility in Madison Township, Ohio. The facility is powered by sustainable energy, advancing AgriFORCE's mission to integrate innovative technologies that promote environmental stewardship while generating significant financial returns.

The 5MW facility mirrors a recently announced acquisition in Sturgeon County, Alberta, Canada. It features five 1MW natural gas generator power plants that support Bitcoin mining activities. AgriFORCE plans to optimize the facility's operations by repurposing heat and carbon offsets, driving revenue diversification through sustainable agribusinesses like premium crop cultivation and aquaculture.
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