Adecoagro Partners With Tether to Pioneer Renewable Energy Use for Bitcoin Mining in Brazil
2025-07-04 10:43:51
Main Idea
Adecoagro and Tether are partnering to explore using Adecoagro's renewable energy for bitcoin mining in Brazil, creating a new revenue stream.
Key Points
1. Adecoagro and Tether have signed an agreement to utilize surplus renewable energy for bitcoin mining in Brazil.
2. The partnership aims to generate additional revenue from Adecoagro's renewable energy assets.
3. Adecoagro has nearly 230 MW of green energy generation across Latin America, though the exact amount allocated to this project is unspecified.
4. Tether previously acquired 70% of Adecoagro for over $600 million in April and invested $100 million in 2024 for a 10% stake.
5. The initiative aligns with Tether's strategy to combine agricultural energy production with digital infrastructure.
Description
decoagro is partnering with Tether to explore the use of its renewable energy generation for bitcoin mining in Brazil. This initiative will enable Adecoagro to redirect excess energy, currently sold at spot market prices, into a new revenue stream: bitcoin. Tether and Adecoagro Partner to Establish Green Energy Bitcoin Mining Operation in Brazil Tether, one
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