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:
- 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
- 7 BTC mined to date across Alberta and Ohio (~$750,000 in value)
- 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
- 6+ MW operational capacity across three sites, with >0.17 EH/s deployed
- 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
- Exclusive access to 50+ MW of natural gas, expanding to 100+ MW by 2026
"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
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