on AgriFORCE Growing Systems (NASDAQ:AGRI)
AgriFORCE Reaffirms Bitcoin Strategy and Advances Site Operations
AgriFORCE Growing Systems Ltd. has confirmed its strategy of building a Bitcoin treasury, coinciding with the start of operations at its Berwyn, Alberta site. This comes as Bitcoin reached a new high of $119,700, driven by growing institutional interest and regulatory developments. AgriFORCE aims to use up to 50% of its net investment capital for Bitcoin acquisitions and maintain a strong digital reserve.
The Berwyn facility, operational since June, is now producing Bitcoin, marking a significant step in AgriFORCE's infrastructure expansion. This site, developed under its agreement with BlueFlare Energy, converts gas to Bitcoin in record time, leveraging energy-efficient operations.
AgriFORCE's strategy revolves around three pillars: building a Bitcoin treasury, expanding compute infrastructure, and developing future-ready systems to support a broader range of digital processes.
R. E.
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