Agriforce growth system (Agri) announced the acquisition of a 5 MW Bitcoin mining facility located in Columbiana County, Ohio. Powered by 5 MW of natural gas energy, the facility is currently operational with over 900 Bitcoin mining units and has the capacity to expand up to 1,200 units. Utilizing energy derived from flared natural gas, the facility not only generates consistent revenue but also minimizes its environmental footprint. Plans are in place to enhance operations by reusing waste heat, implementing carbon capture technologies, and enabling diversified revenue streams through sustainable farming practices such as premium crop cultivation and aquaculture systems . As previously disclosed, the company also closed the first tranche of a financing facility of up to $50 million with institutional investors. The company used part of the first $7 million tranche to pay for the acquisition of the assets.
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