Tether signs MoU with Adecoagro to launch a Bitcoin mining project

Tether and Adecoagro will collaborate on a Bitcoin mining pilot project in Brazil, focusing on merging Adecoagro’s renewable energy capabilities with Tether’s digital asset expertise. This partnership aims to allow Adecoagro to diversify its balance sheet by integrating Bitcoin mining.

According to Tether’s CEO, Paolo Ardoino, the company intends to become the largest Bitcoin miner by the end of 2025, leveraging its current Bitcoin holdings of over 100,000 BTC, valued at more than 10 billion USD.

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