Tether and Adecoagro have entered into a strategic partnership to open a pilot Bitcoin mining program that will use renewable energy. The project will use excess power generated by Adecoagro’s renewable capacity in South America. The collaboration is expected to boost energy efficiency and bring in long-term exposure to Bitcoin mining. Role of Renewable Energy […]
Adecoagro
Tether Seeks Majority Stake in Adecoagro with 51% Acquisition Proposal
Tether offers to acquire a 51% stake in Adecoagro, a major South American agribusiness, with a $12.41 per share proposal.
Tether Goes Farming With $100M Stake: Details
USDT issuer Tether takes a bite into the food industry. As per the latest sources, the stablecoin behemoth has acquired a 9.8% stake in Latin American agricultural giant Adecoagro for $100 million to diversify its farming and food sector investments. Adecoagro is one of Argentina’s largest major milk producers. This is Tether’s first venture into […]