TETHER, the digital asset company behind the largest stable USDT in the world
Explore the exploitation of renewable energy bitcoin with the South American agro-industry company ADECOAGRO (Agro) in Brazil.
Companies have signed a strategic partnership for a pilot project to use the excess energy of ADECOAGRO to operate mining facilities and can also add BTC to the ADECOAGRO balance sheet in the future, according to a press release on Thursday.
ADECOAGRO, in which TETHER acquired a 70%participation, has 230 megawatt in electricity production capacity across South America. The company is an eminent producer of food in the region and has sweets, rice farms and dairy operations.
“This project opens the door to stabilize part of the energy that we are currently sold on the cash market, locking prices, while paying the upcoat increase in Bitcoin,” said Mariano Bosch, co-founder and CEO of ADECOCAGRO.
This decision highlights Tether’s growing ambition in the operation of Bitcoin after his previous investments in the mining installation in the region. The company said it has developed operating system software for minors called Tether Mining OS, with plans to make it open source in the coming months.
CEO, Paolo Ardodino, said at the Bitcoin 2025 conference in May that Tether “will be the largest Bitcoin minor by the end of this year” and has invested $ 2 billion in energy and mining production operations.
Read more: NY’s bankruptcy judge gives Celsius the green light to pursue a legal action of $ 4.3 billion against Tether
