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AgriFORCE Growing Systems ( (AGRI) ) has issued an update.
On September 22, 2025, AgriFORCE Growing Systems announced a $292.4 million private placement to institutional and accredited investors, with plans to use the proceeds for general corporate purposes and to establish a cryptocurrency treasury operation. The company, now renamed AVAX One, also launched a digital asset treasury reserve strategy focusing on AVAX tokens, aiming to become the first NASDAQ-listed company dedicated to the Avalanche ecosystem. The capital raise strategy includes a $550 million plan to maximize AVAX ownership, positioning the company as a foundational partner in the growing blockchain ecosystem. The company will continue its existing business operations while transitioning its board and management to align with its new strategic focus.
More about AgriFORCE Growing Systems
AgriFORCE Growing Systems, now renamed AVAX One, is a company operating in the digital asset and blockchain industry. It focuses on maximizing ownership of AVAX, the native token of the Avalanche network, and aims to provide public market investors with exposure to the onchain financial economy. The company is also involved in the energy-led technology sector through its TerraHash Digital division, which operates decentralized compute platforms.
Average Trading Volume: 536,421
Technical Sentiment Signal: Sell
Current Market Cap: $3.16M
Learn more about AGRI stock on TipRanks’ Stock Analysis page.