VANCOUVER, British Columbia, Dec.03, 2024 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd.(NASDAQ: AGRI), a leading intellectual property-driven technology company, is pleased to announce the completion of its acquisition of a bitcoin mining facility in Sturgeon County, Alberta, Canada.Acquired for $1.5 million in cash, this cutting-edge facility represents a cornerstone of AgriFORCE's integrated strategy, blending sustainable energy, advanced data operations, and innovative agricultural solutions.
By repurposing waste energy from flare gas-powered generators, the facility reduces environmental impact and drives multiple revenue streams, including bitcoin mining and agricultural operations such as micro-greens, red seaweed, and white-legged shrimp farming.” This innovative use of energy maximization creates a replicable model that enhances profitability and resource efficiency, setting a benchmark for sustainable industrial practices.
As we scale this model across the U.S.and Canada, we aim to deliver unparalleled benefits to both the environment and our stakeholders, securing AgriFORCE’s position as a pioneer in sustainable, profitable innovation.” ABOUT AGRIFORCEAgriFORCE Growing Systems Ltd.(NASDAQ: AGRI) 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.
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Author / Journalist: AgriFORCE Growing Systems Ltd.
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