Tether Buys 51 Percent Stake in Adecoagro for $615 Million
(Originally posted on : Crypto News – iGaming.org )
Tether is making a move into Latin America’s agricultural industry by purchasing a majority stake in Adecoagro. The company has agreed to buy up to 51% of Adecoagro in an all-cash transaction valued at $615 million. The deal secures control over one of the region’s largest agricultural producers, which delivers more than 2.8 million tons of goods each year.
The acquisition is part of Tether Investments’ broader plans. The firm, managing nearly $3 billion in funds, is seeking opportunities beyond digital assets and finance. Agriculture is now among the industries where Tether is looking to expand its reach.
Mariano Bosch, CEO and co-founder of Adecoagro, noted that both companies share a focus on technology. “We produce food and renewable energy, which is associated with the traditional agricultural industry, but the adoption of cutting-edge technology is present in our four business segments and is a key factor in our strategy to be the most efficient producers,” Bosch said.
Paolo Ardoino, CEO of Tether, explained that the acquisition aligns with the company’s strategy of supporting industries that strengthen economic independence. “Our investment is aligned with Tether’s broader strategy of supporting infrastructure, technology, and businesses that promote economic freedom and resilience, especially in regions where these values are most needed,” he said.
Bloomberg Linea reports that Tether is also considering further investments in agriculture. The company is looking at Bioceres, an Argentine biotech firm that develops crop productivity solutions in more than 40 countries. Bioceres’ stock price has dropped by over 33% in 2025, bringing its market value to about $300 million. This places it well within reach for another acquisition by Tether.