BlockBeats News, September 22nd, according to market data, the stock price of Nasdaq-listed company AgriFORCE Growing Systems (AGRI) surged by 306.22% in pre-market trading. The company announced today that it is transitioning to an AVAX Treasury strategy, becoming the first Nasdaq-listed company focusing on Avalanche blockchain technology. The company revealed a $550 million financing strategy with the goal of accumulating over $700 million worth of AVAX tokens.
It is worth noting that based on the closing price of $2.41 on Friday, September 19th, the company’s market capitalization was only $3.15 million. AgriFORCE Growing Systems was originally a company focused on agricultural technology, dedicated to developing and commercializing innovative agricultural solutions, particularly in the areas of sustainable agriculture and plant-based foods.
