So, the folks behind the ever-so-stable USDT are on a mission to make Bitcoin (BTC) mining a bit more eco-friendly. Because, you know, the planet is kind of important, and all that.
In a press release that reads like a romantic novel, Tether announces it’s teaming up with Adecoagro, a sustainability giant, on a renewable energy BTC mining project in Brazil. It’s like a match made in heaven, but with more solar panels and less harp music.
Adecoagro, a leading South American sustainable production firm, has signed a Memorandum of Understanding with Tether. They’re exploring a collaborative BTC mining venture, and as a bonus, Adecoagro plans to add BTC to its corporate balance sheet. Because why not? It’s like adding a sprinkle of digital gold to their financial cake.
Adecoagro Co-Founder and CEO Mariano Bosch gushes about the partnership, saying,
“We’re thrilled to explore innovative ways to maximize the value of our renewable energy assets. 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.”
The project aims to demonstrate how renewable energy can support crypto mining through both technology and infrastructure. It’s like a tech-savvy farmer’s market, but for digital currencies.
Tether CEO Paolo Ardoino adds,
“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.
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.”
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2025-07-03 22:07