According to COINOTAG News on September 22, market data show Nasdaq-listed AgriFORCE Growing Systems (AGRI) jumped roughly 306.22% in pre-market trading after announcing a transition to an AVAX Treasury strategy, positioning itself as the first Nasdaq-listed company to emphasize the Avalanche blockchain. The company disclosed a $550 million financing plan aimed at accumulating in excess of $700 million in AVAX tokens, per the announcement and filings cited by the report.
Contextual market data indicate that based on the September 19 closing price of $2.41, AgriFORCE’s market capitalization was approximately $3.15 million. Historically an agricultural-technology firm focused on sustainable agriculture and plant-based foods, the company’s strategic shift reflects a material corporate redeployment; the statements above are drawn from disclosed data and publicly reported market figures.