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Associated Press
12-06-2025
- Business
- Associated Press
AgriFORCE (NASDAQ: AGRI) and BlueFlare Energy™ Execute Binding Letter of Intent for 1.3MW Alberta Bitcoin Mining Deployment and AGRI Reaffirms Commitment to Augment its Bitcoin Treasury Through Bitcoin Mined From These New Locations
Landmark Collaboration Marks First Execution Under AgriFORCE's Power & Compute Initiative with Modular, Efficiency-Aligned Infrastructure Across Five Alberta Sites Vancouver, British Columbia and West Palm Beach, FL, June 12, 2025 (GLOBE NEWSWIRE) -- AgriFORCE Growing Systems Ltd. ('AgriFORCE' or the 'Company') (NASDAQ: AGRI), a mission-driven technology company at the forefront of agriculture, clean energy, and decentralized computing, today announced its first deployment under the Power & Compute Initiative via a binding Letter of Intent (LOI) with BlueFlare Energy™ Solutions Inc. ('BlueFlare'). The agreement outlines a deployment of 1.3 megawatts of modular, natural gas-powered Bitcoin mining infrastructure across five strategically located sites in Alberta, Canada. Deployment Overview: Five Phases Across Alberta Under the terms of the LOI, BlueFlare will lead the full-stack delivery of compute infrastructure and energy systems across the following phased sites: The total project encompasses generators and 315 Bitmain S21 Pro ASIC miners (200 TH/s per unit) and includes comprehensive site deployment, design, integration, and commissioning services. Technology Stack: Embedded Intelligence & ESG Enablement This inaugural deployment will leverage BlueFlare's proprietary platform stack to deliver intelligent and carbon-aware compute infrastructure: Complementing this is the Carbon Cube™, BlueFlare's real-time environmental telemetry system for ESG reporting, carbon credit tracking, and site-level sustainability monitoring. Strategic Execution & Exclusivity AgriFORCE has submitted a binding deposit toward the first two months of hosting and operations at the Berwyn Phase 1 site. The all-in power and hosting cost is fixed at $0.065 per kWh, excluding consumables and extraordinary repairs. The full infrastructure deployment is scheduled for completion within 90 days. AgriFORCE has secured a 90-day exclusivity window and Right of First Refusal (ROFR) on the final two phases in Hinton and future BlueFlare opportunities across Alberta and other regions. Leadership Commentary 'This project puts our Power & Compute Initiative into action with a modular, environmentally intelligent deployment across high-potential Canadian sites,' said Jolie Kahn, CEO of AgriFORCE. 'BlueFlare's integrated engineering and ESG platforms are a perfect fit for our decentralized compute vision. We're not just building hashrate—we're deploying intelligent digital assets backed by sustainable infrastructure and advanced operational visibility. The Company reaffirms its commitment to building its Bitcoin Treasury through hodling bitcoin which it mines, and to date, it has continued to hodl all bitcoin it has mined. The Company also plans to augment its bitcoin holdings through further purchases of bitcoin in the market, as capital resources permit.' Next Steps The parties intend to finalize definitive agreements—including hosting, power, and site lease arrangements—on or before June 30, 2025, with initial on-site work to commence immediately thereafter. About AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI) AgriFORCE is a mission-first technology company focused on unlocking innovation at the intersection of agriculture, energy, and digital infrastructure. Through its division TerraHash Digital™, the Company delivers modular mining and high-performance computing solutions powered by renewable and recovered energy. Learn more: About BlueFlare Energy™ Solutions Inc. BlueFlare is a decentralized infrastructure company specializing in mobile natural gas generation, compute deployment, and carbon-aware optimization technologies. Its platforms span blockchain, AI, emissions tracking, and energy monetization. Learn more: Follow AgriFORCE and TerraHash Digital™ AgriFORCE Social Media: TerraHash Digital™ Social Media: Forward-Looking Statements This press release contains forward-looking statements regarding the execution and expansion of infrastructure projects, operational performance, and market growth. These statements are subject to risks including delays in deployment, regulatory uncertainties, supply chain disruptions, and power cost fluctuations. Refer to AgriFORCE's SEC filings for a full risk discussion. The Company undertakes no obligation to update forward-looking statements except as required by law. Investor Contact: AgriFORCE Investor Relations +1-561-717-1742
Globe and Mail
19-03-2025
- Business
- Globe and Mail
The Digital Economy Boom: Why Governments Are Racing to Keep Up
Innovation and adaptation have long been hallmarks of economic evolution. Throughout history, new technologies and financial tools have reshaped industries, created wealth, and redefined global markets. Whether it was the adoption of paper money, the rise of credit cards, or the digitalization of banking, financial systems have consistently transformed to meet the needs of a changing world. One of the most significant trends in recent years has been the rapid digitization of assets. From tokenized real estate to blockchain-based financial services, the ability to securely and transparently transact in digital form is revolutionizing the global economy. As nations and institutions embrace this shift, governments are now beginning to take more proactive steps to ensure they remain competitive in the evolving financial landscape. The Newest Catalyst for Digital Currency President Donald Trump's new executive order to establish a U.S. strategic cryptocurrency reserve marks a significant shift in the government's stance on digital assets. By using cryptocurrencies seized in criminal and civil forfeitures, the U.S. is acknowledging their long-term value and viability as strategic assets. This move contrasts with past administrations, which favored regulation over adoption, signaling a more open approach to cryptocurrencies. The creation of a government-held crypto reserve boosts institutional credibility and sets a potential precedent for other nations. For the crypto market, this is a bullish development, as noted by Chao Deng, CEO of HashKey Capital, who highlighted the momentum building under Trump's leadership. This move not only legitimizes cryptocurrencies but also reinforces their role in the financial system, offering confidence for institutional investors and potentially stabilizing long-term prices. This shift is particularly significant for companies operating in the cryptocurrency mining and trading sectors. Firms like C2 Blockchain Inc. (OTCPK: CBLO), Marathon Digital Holdings (NASDAQ: MARA), Coinbase (NASDAQ: COIN), and Riot Platforms (NASDAQ: RIOT) are strategically positioning themselves to capitalize on this evolving landscape. Industry Leaders Adapting to Market Shifts Marathon Digital Holdings has demonstrated resilience in an increasingly competitive environment. In February 2025, the company reported a 4% increase in daily bitcoin production despite a 6% drop in total bitcoin mined due to increased network difficulty and fewer operational days. The completion of a 40-megawatt data center in Ohio, designed to accommodate over 10,000 S21 Pro immersion miners, reflects MARA's commitment to scaling operations and reducing costs through energy generation. Coinbase, on the other hand, is uniquely positioned to benefit from the strategic bitcoin reserve. With its regulated, secure platform and expansive reach across 40 blockchains, Coinbase is well-positioned as the go-to custodian for government and institutional crypto assets. Its history of compliance and partnerships with over 150 government entities underscores its growing influence in shaping the crypto economy. Meanwhile, Riot Platforms is focusing on operational efficiency and power management to maintain its competitive edge. Despite planned maintenance and weather-related power curtailments in February, Riot mined 470 bitcoin. The company's Corsicana facility, which aims to access up to 1.0 gigawatt of power by 2026, highlights its ambition to integrate artificial intelligence (AI) and high-performance computing (HPC) into its mining operations. CBLO's Strategic Approach to Disruption While these industry giants expand their footprint, C2 Blockchain is emerging as a lean yet impactful player in bitcoin mining. The company is aiming to construct a scalable 14-megawatt bitcoin mining facility in Georgia, designed for efficiency and immediate revenue generation through a strategic hosting partnership. Unlike larger firms burdened by massive capital expenditures, CBLO focuses on agility, leveraging a streamlined operational model to maximize returns. CBLO's commitment to sustainability is another differentiator. The new facility will integrate renewable energy solutions to minimize its carbon footprint while optimizing operations for long-term growth. This approach aligns with increasing regulatory scrutiny and investor demand for environmentally responsible crypto mining practices. Next-Gen Banking: Expanding Beyond Mining with Crypto-Backed Lending While established industry giants refine their strategies, C2 Blockchain is making bold moves to differentiate itself. In addition to the Georgia facility in the works, CBLO is expanding into the financial services sector with an innovative approach to crypto-backed lending. In a partnership with CoinEdge, a fast-growing cryptocurrency financial services provider, CBLO is launching a next-generation lending platform. This initiative allows users to unlock liquidity without selling their digital assets, leveraging major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) as collateral. Unlike traditional financial products, this model enables borrowers to retain ownership while accessing capital for investments, debt consolidation, or everyday financial needs. Key Features of the CoinEdge Crypto Lending Platform: • Liquidity Without Liquidation: Borrow against crypto assets without selling • Flexible Repayment Options: Tailored to fit diverse financial strategies • Institutional-Grade Security: Real-time monitoring and robust collateral protection • Seamless User Experience: Fast approvals and transparent lending terms "This partnership with CoinEdge allows us to offer a smarter, more flexible way for crypto holders to unlock liquidity," said Levi Jacobson, CEO of C2 Blockchain. "With growing demand for alternative financing solutions, our platform provides a secure and efficient option for managing digital assets while optimizing financial opportunities." While CBLO stands to generate revenue from its mining operations, this new initiative positions the company as more than just a mining firm; it's now a player in the broader digital asset ecosystem. By integrating financial services into its business model, CBLO is poised to benefit from the growing legitimacy of cryptocurrencies, reinforced by the U.S. government's recent strategic reserve initiative. -- C2 Blockchain Inc. (OTCPK: CBLO) Full Corporate Write-Up: Click Here. -- All opinions and information provided above are intended for educational and research purposes only. The information provided above should be used as a starting point for conducting any research on the public companies discussed. All readers should do their own due diligence and research when determining which investment strategies are best suited for them or seek the advice of an investment professional prior to making an investment decision. The profiles of the above discussed public companies are not in any way a solicitation or a recommendation to buy, sell or hold their securities. The above article is sponsored content. Any forward-looking statements set forth in the article above are based on expectations, estimates and projections at the time such statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of words such as 'projects,' 'foresees' 'expects,' 'will,' 'anticipates,' 'estimates,' 'believes,' 'understands' or by statements indicating certain actions 'may,' 'could' or 'might' occur. There is no guarantee past performance will be indicative of future results or that any such forward-looking projections will occur. For a complete disclaimer, investors are encouraged to click here: View more of this article on About Media, Inc.: Founded in 1999, is one of North America's leading platforms for micro-cap insights. 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