adec

ChainCatcher news, Tether and South American sustainable production company Adecoagro announced today that they have signed a memorandum of understanding to explore strategic cooperation around Bitcoin mining.As the world accelerates its transition to a cleaner and more efficient energy system, Bitcoin mining is increasingly becoming a powerful means to monetize surplus energy, enhance grid stability, and support the development of decentralized networks. This project will explore how to leverage renewable energy assets to support the development of the digital economy, unlocking new efficiency potential at the intersection of technology and infrastructure.

ChainCatcher news, the ASEAN Television Digital Economy Channel (ADEC) is meticulously crafted by the Digital Industry Department of ASEAN Television, covering several countries in ASEAN through the LaoSat-1 satellite.ADEC is committed to pioneering and leading a new track of MediaFi that revolves around the entire media value chain, leveraging the boundless reach of exclusive satellite communications, the ultimate efficiency of artificial intelligence (AI), the transparency and trustworthiness of blockchain (Web3), and the solid anchoring of real-world assets (RWA).It is reported that ADEC has secured $4.15 million in financing. With the advancement of strategic cooperation for the ADEC project, the platform's business docking and community recruitment efforts have commenced, and ADEC's digital economy segment is about to launch new content.

ChainCatcher news, according to official news, Tether announced the acquisition of 70% of the shares of the South American sustainable production company Adecoagro. After the acquisition is completed, there will be significant adjustments to the Adecoagro board of directors.Tether's cooperation with Adecoagro began in September 2024, when Tether invested $100 million to acquire 9.8% of Adecoagro's shares.

ChainCatcher news, according to official news, Tether today announced the results of its tender offer for the common stock of Adecoagro S.A. (NYSE: AGRO, hereinafter referred to as "Adecoagro").The offer aims to acquire up to 49,596,510 shares of Adecoagro common stock (the "Common Stock") at a cash price of $12.41 per share (without interest and subject to any necessary withholding taxes). The offer officially expired at midnight on April 24, 2025 (New York time).The depositary agent for the offer, Computershare Trust Company, N.A., notified Tether that, as of the expiration of the offer, a total of 67,075,545 shares of Common Stock were validly tendered (and not withdrawn).

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.

ChainCatcher news, according to market news, Tether plans to acquire a majority stake (51%) in the South American energy company Adecoagro, which has a market value of approximately $1.24 billion.

ChainCatcher news, USDT stablecoin issuer Tether has acquired a 9.8% stake in Latin American agricultural giant Adecoagro. Argentine media reports that the company invested $100 million to diversify its investments in the agriculture and food sectors. Adecoagro is valued at over $1 billion and has direct operations in Argentina, Brazil, and Uruguay.According to reports, the company is a major milk producer in Argentina and manages over 193,000 hectares of sugarcane crops in Brazil, producing refined sugar and ethanol. This is one of Tether's initial investments in the sector, and prior to this, Tether has expanded its business into areas such as green energy, Bitcoin mining, artificial intelligence, and educational programs.