AgriFORCE (NASDAQ: AGRI) Ignites Energy-Led Digital Infrastructure Strategy with Launch of First Commissioned Site in Berwyn, Alberta and Execution of Strategic LOI for Alberta Expansion

Rhea-AI Summary

AgriFORCE (NASDAQ: AGRI) has announced two major milestones in its Power & Compute strategy: the launch of its first decentralized site in Berwyn, Alberta, and a binding LOI with BlueFlare Energy for 1.3 MW expansion. The Berwyn site features a 425 kW power module and 120 Bitmain S21 miners delivering >32 PH/s, with Phase 2 adding 200 kW. The LOI includes two new sites in Oyen and Hinton. The company has mined 7 BTC (~$750,000) to date and aims to reach 1 EH/s compute capacity by Q1 2026. AgriFORCE's strategy combines Bitcoin treasury management, modular compute infrastructure scaling, and energy-first monetization, with access to 50+ MW of natural gas expanding to 100+ MW by 2026.

Positive

• Successful commissioning of first operational site in Berwyn with 425 kW capacity and expansion to 625 kW underway
• Strategic LOI secured for 1.3 MW expansion across two new sites in Alberta
• Company has already mined 7 BTC (~$750,000) across operations
• Significant energy access with 50+ MW of natural gas, expanding to 100+ MW by 2026
• Clear scaling roadmap targeting 1 EH/s compute capacity by Q1 2026

Negative

• Current Bitcoin mining output is relatively small at 7 BTC
• Heavy reliance on partnership with BlueFlare Energy for operations and technology
• Significant capital requirements needed for planned expansion
• Exposure to Bitcoin price volatility through mining and treasury operations

VANCOUVER, British Columbia and BERWYN, Alberta, June 17, 2025 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) (“AgriFORCE” or the “Company”), a technology and infrastructure firm operating at the intersection of clean energy and digital compute, today announced two major milestones in its Power & Compute strategy:

• The commissioning of its first decentralized Power & Compute site in Berwyn, Alberta
  
• The execution of a binding Letter of Intent (LOI) with BlueFlare Energy™ Solutions Inc. to acquire and develop up to 1.3 MW of mobile, natural-gas-powered compute infrastructure across Alberta
  

Together, these milestones reinforce AgriFORCE’s three-pronged strategy across Bitcoin treasury accumulation, modular compute infrastructure, and energy-first monetization—accelerating the company’s mission to convert stranded gas into scalable digital assets and decentralized AI-ready infrastructure.

Berwyn Commissioning: Proof of Execution

AgriFORCE’s Berwyn site represents the first live deployment under the Company’s Power & Compute Initiative and is now fully operational. Developed in partnership with BlueFlare Energy™, Phase 1 of the site includes:

• 425 kW BlueFlare Power module
  
• 120 Bitmain S21 270TH ASIC miners delivering >32 PH/s
  
• Custom-engineered mining pod with high-efficiency airflow and thermal controls
  
• BlueFlare OS™ for telemetry and predictive maintenance
  
• BlueFlare Carbon Cube™ for emissions tracking and ESG compliance
  

Phase 2, currently underway, will add 200 kW, expanding the site’s total capacity to over 625 kW.

“This site is a working proof of our thesis: convert stranded gas into real-time, ESG-compliant digital compute. And do it fast,” said Dave Jackson, CEO of BlueFlare Energy™.

1.3 MW Alberta Expansion: Strategic LOI Execution

AgriFORCE and BlueFlare Energy™ have entered into a binding LOI to acquire and deploy an additional 1.3 MW of power and compute capacity at two new sites in Oyen and Hinton, Alberta. The LOI includes:

• Rights to purchase and operate two modular gas-to-power units, each rated at approximately 640 kW, alongside BlueFlare-engineered mining infrastructure
  
• Shared responsibilities, with AgriFORCE providing funding, treasury, and asset ownership, and BlueFlare managing power, deployment, and performance optimization
  
• Optional equity participation for BlueFlare in future site-level expansions
  

Each site will replicate the Berwyn model and support a range of workloads including Bitcoin mining, AI inference, edge compute, and industrial IoT processing.

“We don’t wait for permits or grid upgrades—we convert gas into compute in weeks, not years,” said Jolie Kahn, CEO of AgriFORCE. “This LOI accelerates our Alberta roadmap and pushes us closer to 1 EH/s target compute capacity by Q1 2026.”

Three-Pronged Strategy: Bitcoin, Compute, and Energy Control

AgriFORCE’s roadmap is anchored in a capital-efficient, synergistic growth model:

1. Bitcoin Treasury: Sound Money Meets Smart Reserves
   
   • 7 BTC mined to date across Alberta and Ohio (~$750,000 in value)
     
   • Up to 50% of capital raises allocated to direct BTC purchases
     
   • Up to 50% of mined BTC retained in corporate treasury
     
   • This blended model minimizes volatility while compounding long-term upside in a hard, appreciating asset
     
2. Compute Infrastructure: Modular, Mobile, and Scaling Fast
   
   • 6+ MW operational capacity across three sites, with >0.17 EH/s deployed
     
   • Targeting 0.5 EH/s by Q4 2025 and 1 EH/s by Q1 2026
     
   • Powered by 500+ new-gen ASICs and proprietary telemetry for rapid scaling and efficiency
     
3. Energy-First Expansion: Monetizing the Bottleneck
   
   • Exclusive access to 50+ MW of natural gas, expanding to 100+ MW by 2026
     
   • Mobile, off-grid systems that bypass utility delays
     
   • Integrated ESG tech stack including real-time emissions logging and carbon credit tracking
     

“Power is the new currency,” added Kahn. “We’re not just building data centers—we’re building power-backed financial infrastructure.”

About AgriFORCE Growing Systems Ltd.

AgriFORCE (NASDAQ: AGRI) is a mission-first technology company operating at the convergence of clean energy, digital assets, and infrastructure. Through its TerraHash Digital™ division, the company builds and operates decentralized computing platforms powered by off-grid, emissions-tracked natural gas systems.
www.agriforcegs.com

About BlueFlare Energy™ Solutions Inc.

BlueFlare Energy™ is a pioneer in modular, mobile energy and decentralized compute solutions. Based in Alberta, BlueFlare’s proprietary OS, emissions tech, and carbon compliance infrastructure support high-uptime, ESG-first data processing at the edge of the grid.
www.GoBlueFlare.com

Investor Relations
+1-561-717-1742
info@agriforcegs.com

Follow AgriFORCE and TerraHash Digital™
@agriforcegs | @THashDGTL — Instagram, X, Facebook, LinkedIn, TruthSocial

FAQ

What is AgriFORCE's (AGRI) new Power & Compute strategy?

AgriFORCE's strategy combines Bitcoin mining, modular compute infrastructure, and energy monetization, converting stranded natural gas into digital assets and AI-ready infrastructure through decentralized sites.

How much Bitcoin has AGRI mined and what are their mining targets?

AgriFORCE has mined 7 BTC (~$750,000) to date and aims to reach 0.5 EH/s by Q4 2025 and 1 EH/s by Q1 2026.

What is the capacity of AGRI's first Berwyn site?

The Berwyn site currently has 425 kW capacity with 120 Bitmain S21 miners delivering >32 PH/s, and Phase 2 will add 200 kW for a total of 625 kW.

What is included in AGRI's expansion LOI with BlueFlare Energy?

The LOI includes rights to purchase and operate two 640 kW gas-to-power units at new sites in Oyen and Hinton, Alberta, totaling 1.3 MW of additional capacity.

How much energy access does AGRI have for its operations?

AgriFORCE has exclusive access to 50+ MW of natural gas, with plans to expand to 100+ MW by 2026.