The newly financed $550 million AVAX treasury company AGRI rose over 300% in pre-market, with a market capitalization of only $3.15 million.

According to BlockBeats news on September 22, data from the market shows that the stock price of Nasdaq-listed AgriFORCE Growing Systems (AGRI) rose by 306.22% in pre-market trading. Today, it announced a transformation to an AVAX treasury strategy, becoming the first Nasdaq-listed company focused on Avalanche Blockchain technology. The company revealed a financing strategy of $550 million, aiming to accumulate over $700 million in AVAX Tokens. It is worth noting that, based on the closing price of $2.41 on September 19, the company's market capitalization is 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 fields of sustainable agriculture and plant-based foods.