Adecoagro And Tether To Power Bitcoin Mining With Renewable Energy In Brazil
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.
Adecoagro (NYSE:AGRO), un'azienda sudamericana specializzata nella produzione sostenibile, ha firmato un memorandum d'intesa con Tether Holdings per esplorare il mining di bitcoin alimentato da energia rinnovabile in Brasile. La collaborazione punta a valorizzare l'energia in eccesso di Adecoagro, proveniente dalla sua capacità di energia rinnovabile di 230 MW.
La partnership strategica sfrutterà la piattaforma Mining OS di Tether e la sua esperienza nell'ecosistema bitcoin, consentendo ad Adecoagro di stabilizzare i prezzi dell'energia e ottenere esposizione al bitcoin. Il progetto rappresenta un'integrazione tra agricoltura, energia e tecnologia blockchain, con potenziali benefici per la stabilità della rete elettrica e l'inclusione finanziaria.
Adecoagro (NYSE:AGRO), una empresa sudamericana de producción sostenible, ha firmado un memorando de entendimiento con Tether Holdings para explorar la minería de bitcoin impulsada por energía renovable en Brasil. La colaboración busca monetizar el excedente de energía de Adecoagro proveniente de su capacidad de energía renovable de 230 MW.
La asociación estratégica aprovechará la plataforma Mining OS de Tether y su experiencia en el ecosistema bitcoin, permitiendo a Adecoagro estabilizar los precios de la energía y obtener exposición a bitcoin. El proyecto representa una convergencia entre agricultura, energía y tecnología blockchain, con beneficios potenciales para la estabilidad de la red y la inclusión financiera.
Adecoagro (NYSE:AGRO)는 남미의 지속 가능한 생산 기업으로, 브라질에서 재생 에너지로 구동되는 비트코인 채굴을 탐색하기 위해 Tether Holdings와 양해각서(MoU)를 체결했습니다. 이번 협력은 Adecoagro의 230MW 재생 에너지 용량에서 발생하는 잉여 에너지를 수익화하는 것을 목표로 합니다.
전략적 파트너십은 Tether의 Mining OS 플랫폼과 비트코인 생태계에 대한 전문성을 활용하며, Adecoagro가 에너지 가격을 안정시키고 비트코인에 노출될 수 있도록 합니다. 이 프로젝트는 농업, 에너지, 블록체인 기술의 융합을 나타내며, 전력망 안정성과 금융 포용성에 잠재적 이점을 제공합니다.
Adecoagro (NYSE:AGRO), une entreprise sud-américaine spécialisée dans la production durable, a signé un protocole d'accord avec Tether Holdings pour explorer le minage de bitcoin alimenté par des énergies renouvelables au Brésil. Cette collaboration vise à valoriser l'énergie excédentaire d'Adecoagro issue de sa capacité de production d'énergie renouvelable de 230 MW.
Le partenariat stratégique s'appuiera sur la plateforme Mining OS de Tether et son expertise dans l'écosystème bitcoin, tout en permettant à Adecoagro de stabiliser les prix de l'énergie et d'obtenir une exposition au bitcoin. Ce projet représente une convergence entre agriculture, énergie et technologie blockchain, avec des bénéfices potentiels pour la stabilité du réseau et l'inclusion financière.
Adecoagro (NYSE:AGRO), ein südamerikanisches Unternehmen für nachhaltige Produktion, hat ein Absichtserklärung (MoU) mit Tether Holdings unterzeichnet, um Bitcoin-Mining mit erneuerbarer Energie in Brasilien zu erforschen. Die Zusammenarbeit zielt darauf ab, Adecoagros überschüssige Energie aus seiner 230 MW Kapazität für erneuerbare Energien zu monetarisieren.
Die strategische Partnerschaft wird die Mining OS-Plattform von Tether und deren Expertise im Bitcoin-Ökosystem nutzen, während Adecoagro dadurch Energiepreise stabilisieren und Bitcoin-Exposure gewinnen kann. Das Projekt stellt eine Verbindung von Landwirtschaft, Energie und Blockchain-Technologie dar und bietet potenzielle Vorteile für Netzstabilität und finanzielle Inklusion.
- 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
- Exposure to volatile bitcoin market prices
- Early-stage project with unproven economics
- Related party transaction risks due to shared leadership
Insights
Adecoagro's renewable energy bitcoin mining partnership with Tether creates new revenue opportunities while diversifying its energy strategy and balance sheet.
This strategic partnership between Adecoagro and Tether represents a significant development in leveraging agricultural renewable energy assets for cryptocurrency mining. Adecoagro's 230 MW of renewable electrical generation capacity across South America provides a substantial foundation for this initiative. The company is intelligently positioning itself to monetize excess energy that would otherwise be sold on volatile spot markets, potentially creating more stable revenue streams.
The collaboration offers Adecoagro three distinct strategic advantages: 1) stabilizing energy revenue through consistent demand, 2) diversifying their balance sheet by gaining Bitcoin exposure, and 3) opening new technology-adjacent revenue streams beyond traditional agriculture. For an agricultural company with significant renewable energy assets, this represents an innovative approach to maximizing asset utilization and value.
The operational aspects will leverage Tether's Mining OS system for site management, which is being open-sourced, suggesting transparency in the operational framework. Importantly, given the related-party nature of this transaction (with Juan Sartori serving dual roles at both companies), the approval by Adecoagro's Independent Committee provides necessary governance oversight.
This initiative aligns with the growing trend of renewable energy producers finding value in cryptocurrency mining as an energy buyer of last resort - creating demand when grid needs are low and easily curtailing when traditional demand increases. For Adecoagro shareholders, this represents a potentially valuable exploration of new markets without significant apparent capital expenditure mentioned in the announcement.
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
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
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
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SOURCE Adecoagro S.A.
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