AgriFORCE Growing Systems Ltd (NASDAQ:AGRI) saw its stock surge 12.1% in premarket trading Wednesday following the announcement of a definitive agreement with BlueFlare Energy Solutions to deploy a 4 MW mining infrastructure in Alberta, Canada.
This deal, building on a previously announced binding Letter of Intent, is expected to provide roughly 250 Ph/s of hash rate capacity once fully operational. The company secured a competitive energy rate of $0.045/kWh under a three-year contract, with BlueFlare Energy responsible for operations and maintenance. AgriFORCE will pay a $415,000 commitment fee plus GST this Friday, with the installation projected to go live within 90–120 days.
The expansion complements AgriFORCE’s existing mining operations at its Berwyn site, and with this new addition, the company will operate three active mining sites in 2025, projecting a combined capacity of nearly 286 Ph/s.
This move aligns with AgriFORCE’s broader strategy to develop a crypto treasury, expand modular computing capabilities, and monetize energy-first infrastructure using underutilized flared natural gas resources.
Jolie Kahn, CEO of AgriFORCE, said the agreement represents “a major step forward in our digital infrastructure roadmap” and positions the company to “scale efficiently and strengthen its long-term Bitcoin mining platform.”
The company also shared illustrative production estimates for its Alberta operations, projecting between 3.67 and 6.11 BTC per month at 95% uptime, depending on network hashrates ranging from 600 to 1,000 EH/s.
AgriFORCE Growing Systems stock price
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