AgriFORCE Rebrands to AVAX One with $550M Avalanche Treasury Raise
AgriFORCE Growing Systems has executed a dramatic pivot that sent shares soaring over 200% in premarket trading. Anthony Scaramucci recently invested in AgriFORCE, a crypto treasury company. AgriFORCE is rebranding to AVAX One to establish a $700 million Avalanche treasury. The NASDAQ-listed company announced plans to raise $550 million for acquiring AVAX tokens.
AgriFORCE Growing Systems Ltd.(AGRI) shares closed at $2.41 on September 19 but surged nearly 199% in pre-market trading to $7.20. This massive spike reflects investor excitement about the company’s complete transformation from agricultural technology to blockchain infrastructure investment.
Scaramucci Investment Drives AVAX One Strategic Vision
The involvement of Anthony Scaramucci adds significant credibility to this ambitious rebranding effort. Following this investment, Hivemind, Scaramucci, and other investors will become majority shareholders of AgriFORCE, which will be renamed AVAX One. Scaramucci’s SkyBridge Capital brings institutional expertise to the treasury management strategy.
The Company’s primary strategy will be to maximize AVAX per-share accretion for its shareholders through a disciplined, professionally managed approach to its digital asset treasury. This approach mirrors successful Bitcoin treasury strategies adopted by other public companies, adapted specifically for Avalanche’s ecosystem.
The leadership team combines institutional finance veterans with digital asset industry experts. This blend of traditional financial experience and crypto expertise positions AVAX One to execute sophisticated treasury management strategies that could maximize shareholder value.
$550 Million Capital Raise Targets Avalanche Network Dominance
AgriFORCE’s stated goal is to own over $700 million worth of AVAX tokens. Its capital-raising strategy includes a $300 million PIPE, or private investment in public equity (pending shareholder approval), with plans for an additional $250 million through equity-linked instruments.
The company plans to become the first NASDAQ entity with a dedicated Avalanche token accumulation strategy. The company aims to become the first NASDAQ-listed entity with a dedicated strategy to maximize ownership of AVAX tokens, establishing itself as a publicly traded vehicle for investors seeking exposure to blockchain infrastructure.
This positioning allows traditional investors to gain Avalanche exposure through regulated public markets. The treasury strategy provides institutional-grade access to AVAX tokens without direct cryptocurrency ownership complexities.
AVAX One Business Model Extends Beyond Token Accumulation
Our near-term active strategy will focus on disciplined asset accumulation and, in the long run, acquiring and onboarding cash-flowing fintech businesses onto the Avalanche network. This dual approach creates sustainable value beyond passive token holding.
The company envisions building a growth flywheel through strategic acquisitions. By onboarding profitable fintech businesses to Avalanche, AVAX One can generate operational cash flows while expanding network utility. This strategy differentiates the company from pure treasury plays.
The long-term vision includes creating sustained net asset value premiums through active network participation. This approach could generate multiple revenue streams while supporting Avalanche ecosystem development.
Market Response Validates Avalanche Treasury Strategy
AgriFORCE’s stock has spiked since the announcement, rising more than 200% soon after U.S. trading started. It was recently trading at $6.64, up 175% on the day. This dramatic price movement demonstrates strong investor appetite for Avalanche exposure through public markets.
The timing appears strategic, as institutional interest in alternative blockchain platforms continues growing. Avalanche’s high-performance capabilities and growing DeFi ecosystem make it attractive for treasury allocation strategies.
AgriFORCE Growing Systems (AGRI) stock rocketed higher on Monday after the agriculture-focused technology company announced a name change and capital plan. The market clearly views this transformation as value-creating rather than a desperate pivot.
Conclusion
AgriFORCE’s transformation into AVAX One represents a bold strategic pivot backed by seasoned financial professionals. The $550 million capital raise and Anthony Scaramucci’s involvement signal a serious institutional commitment to the Avalanche treasury strategy. With shares surging over 200%, investors appear confident that this rebranding creates significant value through regulated Avalanche exposure.
