The macroalgae residue from the industrial agar extraction process contains a significant amount of carbon and has potential as a renewable feedstock. Unfortunately, it is often overlooked and is poorly utilized. This study aims to valorize this macroalgae residue through pyrolysis to produce silica‐rich biochar and other value‐added products in the form of biocrude oil (BCO) and biopyrolysis gas. The macroalgae residue was pyrolyzed at 300–700 °C with a heating rate of 20–40 °C/min. Yields of biochar, BCO, and gas of 62%, 25%, and 13% were obtained at a temperature of 700 °C and a heating rate of 20 °C/min. Biochar has a porous structure, a surface area exceeding 15 m2/g, and is dominated by amorphous silica of up to 13%. This silica‐rich biochar also contains Na and K, which hold potential benefits in agriculture, serving as soil ameliorants and playing a crucial role in enhancing soil fertility and promoting plant growth. In the meantime, BCO contains 29.3% carboxylic acid group as the most important chemical component. Other than that, the biopyrolysis gas contains mainly CH4 and H2 (up to 24–32%), which can act as chemical building blocks. Finally, a simple business scenario of silica‐rich biochar production reveals that it has a specific cost of 0.37 US$/kg. It could be economically viable as a soil ameliorant or fertilizer. However, challenges persist in scaling up production to an industrial scale.