Latest news with #AgriForce
Yahoo
6 days ago
- Business
- Yahoo
Radical terminates asset purchase agreement with AgriForce, files lawsuit
Radical Clean Solutions has formally notified AgriForce Growing Systems (AGRI) of the termination of the previously executed asset purchase agreement dated August 16, termination was based on what Radical alleges to be multiple material breaches of the agreement by AgriForce. These alleged breaches include:Failure to fund Radical's monthly operations budget as contractually required; Failure to use commercially reasonable efforts to advance Radical's business; Failure to support key certification efforts essential to the business. In connection with the termination, Radical and its founder, Roger Slotkin, have filed a lawsuit in the United States District Court for the Southern District of New York against AgriForce Growing Systems Ltd. The suit alleges material breaches of various agreements, and Radical and Mr. Slotkin are seeking damages and other appropriate relief. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on AGRI: Disclaimer & DisclosureReport an Issue AgriFORCE Growing Systems launches TerraHash Digital division AgriFORCE commences final installation of bitcoin miners at Ohio site AgriFORCE Growing announces completion of 500 miner delivery at Ohio facility AgriFORCE mines over five bitcoin from Alberta, Ohio operations AgriFORCE Growing Systems provides update on bitcoin mining operations Effettua l'accesso per consultare il tuo portafoglio
Yahoo
28-05-2025
- Business
- Yahoo
AgriFORCE Growing Systems launches TerraHash Digital division
AgriForce Growing Systems (AGRI) announced the launch of TerraHash Digital, a wholly owned division focused on developing scalable, energy-efficient Bitcoin mining campuses and next-generation digital infrastructure solutions. The launch of TerraHash Digital coincides with the opening day of Bitcoin 2025, the world's largest Bitcoin conference, held this year in Las Vegas, Nevada. During the three-day event, AgriForce will unveil the new division's brand identity, strategic roadmap, and development priorities to a global audience of digital finance leaders, energy experts, and institutional investors. 'TerraHash Digital represents a bold leap forward,' said Jolie Kahn, CEO of AgriForce. 'By combining smart energy strategies, infrastructure ownership, and decentralized computing, we're positioning to capture long-term value in an evolving digital economy. Bitcoin 2025 is the perfect platform to introduce our vision to the world.' Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on AGRI: Disclaimer & DisclosureReport an Issue AgriFORCE commences final installation of bitcoin miners at Ohio site AgriFORCE Growing announces completion of 500 miner delivery at Ohio facility AgriFORCE mines over five bitcoin from Alberta, Ohio operations AgriFORCE Growing Systems provides update on bitcoin mining operations AgriFORCE Growing Systems announces completion of optimization at Sturgeon Sign in to access your portfolio
Associated Press
27-05-2025
- Business
- Associated Press
AgriForce Growing Systems Ltd. Launches TerraHash Digital™ to Accelerate Energy and Mining Infrastructure Expansion
Vancouver, British Columbia and West Palm Beach, FL, May 27, 2025 (GLOBE NEWSWIRE) -- AgriForce Growing Systems Ltd. ('AgriForce' or the 'Company') (NASDAQ: AGRI), a diversified technology and infrastructure company, today announced the launch of TerraHash Digital™, a wholly owned division focused on developing scalable, energy-efficient Bitcoin mining campuses and next-generation digital infrastructure solutions. The launch of TerraHash Digital™ coincides with the opening day of Bitcoin 2025, the world's largest Bitcoin conference, held this year in Las Vegas, Nevada. During the three-day event, AgriForce will unveil the new division's brand identity, strategic roadmap, and development priorities to a global audience of digital finance leaders, energy experts, and institutional investors. 'TerraHash Digital represents a bold leap forward,' said Jolie Kahn, CEO of AgriForce. 'By combining smart energy strategies, infrastructure ownership, and decentralized computing, we're positioning to capture long-term value in an evolving digital economy. Bitcoin 2025 is the perfect platform to introduce our vision to the world.' TerraHash Digital™: Strategic Pillars A New Era of Utility-Driven Infrastructure TerraHash Digital™ is the next phase in AgriForce's broader mission to unite clean energy, digital infrastructure, and sustainable technologies. By consolidating its expanding presence in the Bitcoin ecosystem, AgriForce is doubling down on infrastructure with real-world utility. 'This is more than a business unit—it's a platform for impact,' said Chris Polimeni, CFO of AgriForce. 'From heat recapture to smart power deployment, TerraHash Digital is designed to scale responsibly—maximizing profitability while creating measurable community and environmental benefits.' About AgriFORCE Growing Systems Ltd. AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) is a mission-driven technology company pioneering innovation at the intersection of agriculture, clean energy, and digital infrastructure. Through its TerraHash Digital™ division, the Company is building high-performance Bitcoin mining campuses with dual-purpose utility—supporting decentralized compute networks while enabling clean energy reuse and sustainable food production. Follow AgriFORCE on Social Media: IG (Instagram): @agriforcegs X (Twitter): @agriforcegs FB (Facebook): @agriforcegs LinkedIn: @agriforcegs TruthSocial: @agriforcegs Follow TerraHash Digital™ on Social Media: IG (Instagram): @terrahashdigital X (Twitter): @THashDGTL FB (Facebook): TerraHash Digital™ LinkedIn: @TerraHash-Digital TruthSocial: @THashDGTL Forward-Looking Statements Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. These include, but are not limited to, statements regarding expected operational capabilities, project development, and financial or environmental impacts. Such forward-looking statements involve risks and uncertainties, including those beyond the Company's control, and may cause actual results to differ materially. Readers are advised to review the Company's filings with the SEC under the heading 'Risk Factors' in Forms 10-K, 10-Q, and 8-K. AgriForce undertakes no obligation to update forward-looking statements due to new information or future developments.
Globe and Mail
15-05-2025
- Business
- Globe and Mail
AGRIForce Growing Systems Ltd. to Attend Bitcoin 2025 in Las Vegas
Vancouver, British Columbia and West Palm Beach, FL, May 15, 2025 (GLOBE NEWSWIRE) -- AgriForce Growing Systems Ltd. ('AgriForce' or the 'Company') (NASDAQ: AGRI), a diversified infrastructure and technology company focused on agriculture, energy, and digital innovation, is pleased to announce its participation in Bitcoin 2025, taking place May 27–29, 2025 at the Venetian in Las Vegas. Bitcoin 2025 is the world's largest gathering of Bitcoin professionals, innovators, and institutional stakeholders. AgriForce will be engaging with investors, energy experts, miners, and infrastructure leaders throughout the three-day event to showcase its approach to vertically integrated Bitcoin mining and its broader infrastructure strategy focused on operational sovereignty and sustainable growth. 'AgriForce is strategically positioned to help shape the next phase of energy-efficient digital infrastructure,' said Jolie Kahn, CEO. 'Our participation at Bitcoin 2025 underlines our commitment to operational innovation, decentralized computing, and real-world applications of sustainable mining.' 'We see Bitcoin 2025 as a critical venue to demonstrate how AgriForce's asset-backed approach is built for scalability and resilience,' added Chris Polimeni, CFO. 'Our efforts to combine sound infrastructure investment with long-term energy optimization are precisely what institutional players are looking for today.' AgriForce's presence at Bitcoin 2025 will include: Participation in networking sessions with energy and finance stakeholders Private meetings with institutional investors, miners, and infrastructure partners On-site updates about the Company's expansion and operations in Ohio and Alberta A strategic overview of the Company's digital infrastructure roadmap Investor briefings and distribution of an executive overview during the event About AgriFORCE Growing Systems Ltd. AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) is a forward-thinking technology company dedicated to solving critical challenges in agriculture, digital infrastructure, and environmental innovation. The Company is focused on building energy-efficient operations that support long-term value creation across its portfolio, leveraging proprietary infrastructure strategies and clean energy assets to drive sustainable growth. Follow AgriFORCE on Social Media: X: @agriforcegs Forward-Looking Statements Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as 'may,' 'will,' 'plan,' 'should,' 'expect,' 'anticipate,' 'estimate,' 'continue,' or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading 'Risk Factors' in the Company's Period Reports on Forms 10-K and 10-Q, as may be supplemented or amended by the Company's Current Reports on Form 8-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. No information in this press release should be construed as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
Globe and Mail
09-04-2025
- Business
- Globe and Mail
AgriForce Growing Systems Announces Completion of Optimization at Sturgeon, Alberta Bitcoin Mining Facility
Vancouver, British Columbia and West Palm Beach, FL, April 09, 2025 (GLOBE NEWSWIRE) -- AgriForce Growing Systems Ltd. ('AgriForce' or the 'Company') (NASDAQ: AGRI), an innovative ag-tech and digital infrastructure company, is pleased to announce the successful completion of optimization and full operational deployment at its Bitcoin mining facility in Sturgeon, Alberta, Canada. As of today, the facility is operating at full designed capacity with a robust lineup of industry-leading ASIC miners, including: 81 Bitmain S19k Pro 120T Antminers 50 Bitmain S21 XP 270T Antminers 120 Bitmain S19j Pro 100T Antminers The facility now delivers an estimated total hash rate of 35.22 PH/s (petahashes per second), calculated as follows: 81 x 120 TH/s = 9.72 PH/s 50 x 270 TH/s = 13.50 PH/s 120 x 100 TH/s = 12.00 PH/s This diversified fleet of high-performance miners positions AgriForce at the forefront of digital asset infrastructure development, leveraging cutting-edge technology and energy-efficient operations to deliver strong, sustainable returns. 'This milestone marks a significant leap forward for AgriForce as we continue to integrate high-efficiency Bitcoin mining into our broader portfolio,' said Jolie Kahn, CEO of AgriForce Growing Systems. 'The completion of optimization at our Sturgeon site enhances our hashpower, improves our cost structure, and advances our strategic goal of building a vertically integrated digital infrastructure platform. We're deeply grateful to our EPCM partner for their commitment to timely delivery and quality execution. As we further our agricultural pursuits, we also look forward to unveiling our initial agricultural colocation project.' The Sturgeon facility forms a cornerstone of AgriForce's digital asset strategy, combining reliable energy infrastructure, strategic geographic location, and advanced mining technology to support scalable growth in 2025 and beyond. About AgriFORCE Growing Systems Ltd. AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) is a forward-thinking technology company dedicated to solving critical challenges in agriculture, sustainability, and environmental stewardship. By leveraging advanced technologies and innovative business models, AgriFORCE aims to deliver value for shareholders while creating lasting benefits for communities and ecosystems. Follow AgriFORCE on Social Media: X: @agriforcegs Facebook: AgriFORCE Growing Systems Ltd. LinkedIn: AgriFORCE Growing Systems Ltd. Forward-Looking Statements Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as 'may,' 'will', 'plan,' 'should,' 'expect,' 'anticipate,' 'estimate,' 'continue,' or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading 'Risk Factors' in the Company's Period Reports on Forms 10-K and 10-Q, as may be supplemented or amended by the Company's Current Reports on Form 8-K. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. No information in this press release should be construed as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
