Adecoagro And Tether To Power Bitcoin Mining With Renewable Energy In Brazil

Rhea-AI Summary

Adecoagro (NYSE:AGRO), a South American sustainable production company, has signed an MoU with Tether Holdings to explore bitcoin mining powered by renewable energy in Brazil. The collaboration aims to monetize Adecoagro's surplus energy from its 230 MW renewable energy capacity.

The strategic partnership will leverage Tether's Mining OS platform and expertise in the bitcoin ecosystem, while allowing Adecoagro to stabilize energy pricing and gain bitcoin exposure. The project represents a convergence of agriculture, energy, and blockchain technology, with potential benefits for grid stability and financial inclusion.

Positive

• Strategic diversification into bitcoin mining using existing renewable energy assets
• Potential to stabilize energy pricing and reduce spot market exposure
• Access to Tether's expertise and Mining OS platform
• New revenue stream from surplus energy monetization

Negative

• Exposure to volatile bitcoin market prices
• Early-stage project with unproven economics
• Related party transaction risks due to shared leadership

LUXEMBOURG, July 3, 2025 /PRNewswire/ -- Adecoagro S.A. (NYSE: AGRO) ("Adecoagro" or the "Company"), a leading sustainable production company in South America and Tether Holdings ("Tether"), the largest company in the digital asset industry, today announced that they have signed a Memorandum of Understanding (MoU) to explore a strategic collaboration focused on bitcoin mining.

As the world moves toward cleaner, more efficient energy systems, bitcoin mining is emerging as a powerful tool to monetize surplus energy, strengthen grid stability, and support the growth of decentralized networks. This project will explore how renewable energy assets can be leveraged to support the digital economy, unlocking new efficiencies at the intersection of technology and infrastructure.

"We're excited to explore innovative ways to maximize the value of our renewable energy assets," said Mariano Bosch, Co-Founder and Chief Executive Officer of Adecoagro. "This project opens the door to stabilizing a portion of the energy we currently sell on the spot market, locking in pricing, while also gaining exposure to the upside potential of bitcoin."

"Tether brings to the initiative its extensive experience in the bitcoin ecosystem, backed by a rapidly expanding portfolio of sustainable mining initiatives across multiple regions. As part of our long-term strategy to support resilient energy infrastructure and decentralized networks, we're proud to collaborate with Adecoagro," said Paolo Ardoino, Chief Executive Officer of Tether. "This project is another step in our growing commitment to renewable-powered bitcoin mining and highlights the potential to align agricultural energy production with cutting-edge digital infrastructure. We believe this model can drive financial inclusion, promote energy efficiency, and serve as a blueprint for responsible innovation at the intersection of technology and sustainability."

"This collaboration between Adecoagro and Tether allows us to explore a new intersection between agriculture, energy, and technology — unlocking potential efficiencies and diversifying our energy strategy in a responsible and forward-looking manner," said Juan Sartori, Head of Business Initiatives of Tether and Executive Chairman of Adecoagro's Board of Directors.

Adecoagro has more than 230 MW of electrical generation capacity from renewable sources across South America, and this joint project allows them to assess the potential of bitcoin mining as an alternative demand. In addition to monetizing surplus energy, Adecoagro recognizes that Bitcoin may become a new source of long term value, like its farmland assets, and plans to use this mining project to initiate certain strategic exposure to Bitcoin in its balance sheet. The design and operation of the project benefits from significant synergies between Adecoagro's energy and industrial expertise and Tether's capabilities in the digital asset space.

The project will be operated using Tether's Mining OS for site management, which will be open-sourced in the coming months.

In accordance with Adecoagro's bylaws regarding Related Party Transactions, the Company's Independent Committee has reviewed and approved the pilot project.

Both companies will provide further updates as the project evolves.

About Adecoagro:

Adecoagro is a leading sustainable production company in South America. Adecoagro owns 210.4 thousand hectares of farmland and several industrial facilities spread across the most productive regions of Argentina, Brazil, and Uruguay, where it produces over 3.1 million tons of agricultural products and over 1 million MWh of renewable electricity.

About Tether:

Tether is a pioneer in the field of stablecoin technology, driven by an aim to revolutionize the global financial landscape. With a mission to provide accessible and efficient financial, communication, artificial intelligence, and energy infrastructure. Tether enables greater financial inclusion, and communication resilience, fosters economic growth, and empowers individuals and businesses alike. As the creator of the largest, most transparent, and liquid stablecoin in the industry, Tether is dedicated to building sustainable and resilient infrastructure for the benefit of underserved communities. By leveraging cutting-edge blockchain and peer-to-peer technology, it is committed to bridging the gap between traditional financial systems and the potential of decentralized finance.

For questions, please contact:
Adecoagro
Victoria Cabello
IR Officer
Email: ir@adecoagro.com 

Tether
Email: press@tether.to 

 

View original content:https://www.prnewswire.com/news-releases/adecoagro-and-tether-to-power-bitcoin-mining-with-renewable-energy-in-brazil-302497686.html

SOURCE Adecoagro S.A.

FAQ

What is the partnership between Adecoagro (NYSE:AGRO) and Tether for bitcoin mining?

Adecoagro and Tether signed an MoU to explore bitcoin mining using Adecoagro's 230 MW renewable energy capacity in South America, aiming to monetize surplus energy and gain bitcoin exposure.

How much renewable energy capacity will Adecoagro use for bitcoin mining?

Adecoagro has 230 MW of electrical generation capacity from renewable sources, though the specific allocation for bitcoin mining has not been disclosed.

What are the benefits of AGRO's bitcoin mining partnership with Tether?

The partnership allows Adecoagro to stabilize energy pricing, monetize surplus energy, gain bitcoin exposure, and access Tether's expertise and Mining OS platform.

Who will manage the bitcoin mining operations for Adecoagro?

The project will be operated using Tether's Mining OS for site management, which will be open-sourced in the coming months.

How will this partnership affect Adecoagro's business model?

The partnership represents a strategic diversification, allowing Adecoagro to monetize surplus energy, stabilize energy pricing, and gain strategic exposure to Bitcoin in its balance sheet.