Tether Holdings Ltd. and Adecoagro S.A. (NYSE: AGRO) have signed a Memorandum of Understanding (MoU) to discover a possible collaboration on Bitcoin mining operations in Brazil using renewable vitality sources.
Tether and Adecoagro To Energy Bitcoin Mining With Renewable Power In Brazil
Study extra: https://t.co/Q8NhdgG79q— Tether (@Tether_to) July 3, 2025
The settlement outlines a proposed pilot venture that can assess the feasibility of utilizing surplus renewable electrical energy to energy Bitcoin mining.
In keeping with the businesses, the initiative will consider how such a technique may contribute to grid administration and infrastructure optimization.
“We’re excited to discover progressive methods to maximise the worth of our renewable vitality belongings,” mentioned Mariano Bosch, Co-Founder and Chief Govt Officer of Adecoagro.
“This venture opens the door to stabilizing a portion of the vitality we at present promote on the spot market, locking in pricing, whereas additionally gaining publicity to the upside potential of Bitcoin.”
Tether, which has launched a number of mining initiatives in different areas, plans to contribute its technical infrastructure and expertise.
“As a part of our long-term technique to help resilient vitality infrastructure and decentralized networks, we’re proud to collaborate with Adecoagro,” mentioned Paolo Ardoino, Chief Govt Officer of Tether.
“This venture is one other step in our rising dedication to renewable-powered Bitcoin mining and highlights the potential to align agricultural vitality manufacturing with cutting-edge digital infrastructure. We consider this mannequin can drive monetary inclusion, promote vitality effectivity, and function a blueprint for accountable innovation on the intersection of expertise and sustainability.”
Juan Sartori, Head of Enterprise Initiatives at Tether and Govt Chairman of Adecoagro’s Board of Administrators, added: “This collaboration between Adecoagro and Tether permits us to discover a brand new intersection between agriculture, vitality, and expertise — unlocking potential efficiencies and diversifying our vitality technique in a accountable and forward-looking method.”
Adecoagro at present operates greater than 230 megawatts of renewable technology capability throughout South America.
The corporate acknowledged that the venture could supply another demand for extra vitality and will function a way of initiating restricted Bitcoin publicity on its steadiness sheet.
The pilot might be managed utilizing Tether’s Mining OS, which the corporate says it plans to make accessible as open-source software program sooner or later.
In accordance with Adecoagro’s bylaws regarding Associated Social gathering Transactions, the proposal has been reviewed and permitted by the corporate’s Unbiased Committee.
Share this text