AgriFORCE Growing Soars 37.81% on Bitcoin Mining Expansion

On April 23, 2025, AgriFORCE Growing experienced a significant surge, rising by 37.81% in pre-market trading, reflecting a strong investor interest and market confidence in the company's recent developments.

AgriFORCE Growing Systems has made substantial strides in its Bitcoin mining operations. The company has completed the purchase of 500 additional S19j Pro Antminers, which will be installed at its second Ohio site. This expansion is expected to fully utilize the site's 5 MW of available power and is estimated to be operational by May 9, 2025. The two Ohio sites, once fully operational, will deliver an estimated total hash rate of 130 PH/s, marking a 63% increase from the current hash rate.

In addition to the Ohio facilities, AgriFORCE's Alberta facility is already operating at full capacity with a robust lineup of industry-leading ASIC miners, contributing an estimated total hash rate of 33.62 PH/s. The combined total hash rate of all three facilities, upon completion of the Ohio installations, will be 166.62 PH/s. The company continues to explore opportunities for acquiring new miners and securing additional power sources, indicating a strong commitment to expanding its mining capabilities.