Tether increased its stake in Adecoagro from 51% to 70%

2025-03-27 21:14:19

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ChainCatcher news, according to CoinDesk, stablecoin issuer Tether has increased its stake in the Latin American agricultural company Adecoagro.

It is reported that Tether has raised its stake in Adecoagro from 51% to 70% at a price of $12.41 per share. Following the announcement, AGRO's stock price rose over 7% in pre-market trading, reaching $11.95.

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Tether Adecoagro stablecoin

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Tether

The world's largest stablecoin issuer