Tether seals MoU with Adecoagro to mine Bitcoin with renewable energy
2025-07-03 18:25:43
Main Idea
Adecoagro plans to use its renewable energy assets for Bitcoin mining in partnership with Tether, aiming to monetize surplus energy and explore BTC as a long-term value source.
Key Points
1. Adecoagro will utilize renewable energy to mine Bitcoin, leveraging its existing 230 MW capacity.
2. The partnership with Tether aims to monetize surplus energy and stabilize energy usage.
3. Mariano Bosch, CEO of Adecoagro, highlighted Bitcoin mining as a way to gain exposure to BTC's upside potential.
4. Paolo Ardoino, CEO of Tether, emphasized the project's role in advancing sustainability and decentralized networks.
5. Adecoagro views Bitcoin mining as a new long-term value source and a step toward growing infrastructure.
Description
Tether plans to collaborate with Latin America sustainable production company Adecoagro to use renewable energy in Bitcoin mining in Brazil. Tether , the company behind the stablecoin Tether ( USDT ) and a major player in the crypto industry, has revealed a memorandum of understanding that will see them use renewable energy to mine Bitcoin ( BTC ). According to an announcement , Bitcoin mining is increasingly becoming a key tool in monetizing surplus energy. The benefits also include helping sta...
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