AgriFORCE Drops 10.7% Amid Bitcoin Mining Expansion

On April 24, 2025, AgriFORCE Growing experienced a significant drop of 10.7% in pre-market trading, reflecting a notable shift in investor sentiment.

AgriFORCE Growing Systems has recently expanded its Bitcoin mining operations by acquiring 500 additional S19j Pro Antminers. This purchase is part of the company's ongoing efforts to enhance its mining infrastructure, with the new miners set to be fully installed and operational in the near future.

The company's operational update highlights the successful optimization and deployment of its Bitcoin mining facility in Sturgeon, Alberta, which is now running at full capacity. This expansion is expected to maximize the site's power capacity, further solidifying AgriFORCE's position in the cryptocurrency mining sector.

Additionally, AgriFORCE has acquired 220 new BITMAIN Antiminer S19kPro miners for its Sturgeon facility. This acquisition is aimed at boosting the site's hash rate and ensuring full operation by May 9, 2025. The company's strategic investments in mining technology underscore its commitment to leveraging cryptocurrency as a key component of its business strategy.