AgriFORCE Growing Systems Stock Soars 66.2% on Bitcoin Mining Expansion
AgriFORCE Growing's stock surged by 66.2% in pre-market trading on April 23, 2025, marking a significant rise in its share price.
AgriFORCE Growing Systems has been actively expanding its Bitcoin mining operations. The company recently announced the purchase of 500 additional S19j Pro Antminers, which will be installed at its Ohio facility. This expansion is expected to increase the facility's hash rate by 63%, bringing the total hash rate of the two Ohio sites to an estimated 130 PH/s. The Alberta facility is already operating at full capacity with a hash rate of 33.62 PH/s.
The company's strategic utilization of stranded natural gas for mining operations has also been a key factor in its expansion. This approach not only increases mining capacity but also provides a sustainable energy source, aligning with the growing demand for environmentally friendly practices in the crypto mining industry.
AgriFORCE Growing Systems continues to explore new opportunities for acquiring miners and power sources, indicating a strong commitment to further expanding its mining capabilities. The company's proactive approach to leveraging technological advancements and sustainable energy sources positions it well for future growth in the competitive crypto mining sector.

Knowing stock market today at a glance
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments
No comments yet