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AgriFORCE Announces Evolution of Business Model to Follow Bitcoin Mining Facility Acquisition

GlobeNewswire LogoGlobeNewswire1w ago

AgriFORCE Announces Evolution of Business Model to Follow Bitcoin Mining Facility Acquisition - GlobeNewswire

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Strategy to reduce environmental impact while producing multiple revenue streamsVANCOUVER, British Columbia, Nov.20, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd.(the "Company”) (NASDAQ: AGRI; AGRIW), an intellectual property (IP) focused technology company, announces the evolution of its business model to follow the closing of its recently announced bitcoin mining facility acquisition.

ABOUT AGRIFORCEAgriFORCE Growing Systems Ltd.(NASDAQ: AGRI; AGRIW) is a tech company focused on building an integrated platform that combines the best technology, intellectual property, and knowledge to solve an urgent problem – providing the best solutions to help drive value added benefits to our shareholders through use of sustainable technologies.

AgriFORCE CEO Jolie Kahn commented, "As we approach a key milestone in the progression of our growth strategy it is important to clarify how our adoption of an innovative combination of technologies will reduce the environmental impact of data centers while simultaneously producing revenue from high yield agricultural operations.

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Article Details

Author / Journalist: AgriFORCE Growing Systems Ltd.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 14:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 714 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 23720515

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 18 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 11 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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