24/7 Market News Snapshot 22 April, 2025 – AgriFORCE Growing Systems Ltd. Common Shares (NASDAQ:AGRI)

April 22, 2025

DENVER, Colo., 22 April, 2025 (www.247marketnews.com) – (NASDAQ:AGRI) are discussed in this article.
AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI), a leader in ag-tech and digital infrastructure, has garnered significant investor interest, marked by a dramatic increase in its stock price—a surge exceeding 68% today, elevating shares from $1.24 to $2.121 with a trading volume of 612.85K. This momentum reflects strong confidence in the company’s innovative agricultural solutions and potential for growth.

The company is also making strides in its operational capabilities, particularly with its facilities in Ohio and Alberta. Recently, AgriFORCE announced the acquisition of an additional 500 S19j Pro Antminers, which will fully utilize the racking capacity of its second Ohio site by May 2025, maximizing the available five megawatts (MW) of power. This expansion is poised to significantly enhance operational efficiency, as the combined hash rate of both Ohio facilities is expected to reach an impressive 130 petahashes per second (PH/s), a notable 63% increase from the current capacity.

The Alberta facility is already operating at its designed capacity, contributing a hash rate of 33.62 PH/s through a state-of-the-art array of ASIC miners. When the installations in Ohio are completed, the total hash rate across AgriFORCE’s three facilities will be 166.62 PH/s, showcasing the company’s commitment to leveraging cutting-edge technology in its digital asset operations.

Jolie Kahn, CEO of AgriFORCE, emphasized the company’s ongoing strategy to enhance shareholder value by swiftly capitalizing on opportunities that larger entities might overlook. Furthermore, the company is actively exploring additional acquisitions of miners and resources to strengthen its position in the industry while simultaneously preparing for new agricultural co-location projects, aligning with its mission to combine innovation with sustainability for a meaningful community impact.

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