#Tether – the world’s largest stablecoin issuer – is planning to expand into agriculture and renewable energy with the acquisition of Adecoagro, a company that owns 210,000 hectares of agricultural land in South America.

Tether Offers to Buy 51% of Adecoagro for $1.24 Billion

Tether currently owns 19.4% of #Adecoagro and wants to raise that to 51% to gain control. The company has offered $12.41 per share, valuing Adecoagro at $1.24 billion, significantly higher than its current market capitalization of $987 million.

Adecoagro's board of directors received the proposal on February 14, 2025, and held a meeting on February 16 to consider it. However, they have not made a final decision and will hire financial and legal advisors to evaluate the deal.

Adecoagro – South American Agricultural Giant

Adecoagro is one of the region’s leading sustainable agriculture companies, operating in Argentina, Brazil and Uruguay. The company produces milk, rice, sugarcane, soy, corn and renewable energy, generating over 1 million MWh of electricity per year.

If the deal is successful, Tether will officially enter the agricultural and renewable energy industries, taking advantage of the abundant financial resources from the USDT ecosystem to expand its operations beyond the cryptocurrency sector.

Tether Continues to Invest Heavily in New Fields

Over the past period, Tether has invested heavily in many different industries, including:

  • $1 billion into mining company Northern Data

  • $775 million into online video platform Rumble

  • $200 million in healthcare services company Blackrock Neuro

  • Expected to pour 5 billion USD into the commodity market by 2026

Additionally, in April 2024, Tether reorganized into five main divisions:

  • Tether Finance: USDT Stablecoin Management

  • Tether Power: Investing in Bitcoin Mining with Renewable Energy

  • Tether Data: Evolving Communication Technology

  • Tether Edu: Promoting education, especially blockchain academies in Vietnam

  • Tether Evo: Investing in Healthcare and AI

Market Reaction

AGRO shares rose 8.27% to $10.60 premarket following news of Tether’s interest in acquiring Adecoagro. However, since receiving a $102 million investment from Tether in September 2024, the stock has fallen more than 13.9%.

Although no final decision has been made, the deal shows that Tether is no longer focused solely on crypto, but is gradually expanding into traditional economic sectors to diversify its revenue sources and stabilize its business operations. #anhbacong