Tether invests substantially in Latin American agriculture through a $615M acquisition of Adecoagro.
Tether's expanding its horizon, diving headfirst into Latin America's farming sector by grabbing a significant chunk of Adecoagro. The financing giant's about to lay down a whopping $615 million in an all-cash deal, snatching up to 51% of Adecoagro - a move that sets the stage for controlling one of the continent's heaviest agricultural producers, churning out over 2.8 million tons of goods annually.
This leap is part of Tether Investment's grander scheme, aiming beyond digital assets and finance. Agriculture is now on their radar, a sector craving some Tether magic.
Mariano Bosch, Adecoagro's CEO and co-founder, highlighted the tech-centric bond between the two companies - "We're producing food and renewable energy, but technology's a key player in our strategy to be the most efficient producers. We've got tech woven into our four business segments."
Paolo Ardoino, Tether's big cheese, echoed Bosch, stating their investment aligns with Tether's broader strategy of backing infrastructure, tech, and businesses that champion economic autonomy.
Looks like Tether's got its eyes on more than just Adecoagro. According to rumors, Bioceres, an Argentine biotech firm developing crop productivity solutions worldwide, could be on Tether's shopping list. With Bioceres' stock taking a tumble in 2025, leaving it valued around $300 million, a takeover isn't impossible.
Bioceres specializes in sustainable crop technologies - drought-resistant seeds, biofertilizers, you name it. While no acquisition's been announced, a hypothetical deal could expedite biotech adoption in Tether-controlled farms, integrate sustainable practices across Adecoagro's operations, and scream Tether's focus on agtech innovation alongside land ownership.
Such a move would echo trends of vertical integration (pairing farmland with proprietary technologies) and underscore corporate influence over agricultural supply chains. Some recent land-grabbing conflicts in Brazil's Cerrado serve as a reminder of the geopolitical sensitivities surrounding large-scale agribusiness acquisitions.
[1] Source: Yahoo Finance, Tether’s Big Leap in Agribusiness: A Closer Look
[2] Source: Bloomberg Linea, Tether's Latest Agribusiness Moves: What You Should Know
[3] Source: Benzinga M&A Calendar, Major Recent Deals and Upcoming Targets
- Tether Investments, known for their expertise in digital assets and finance, are considering expanding their influence in the agricultural sector by potentially investing in Bioceres, an Argentine biotech firm specializing in sustainable crop technologies.
- Bosch, the CEO of Adecoagro, a company recently acquired by Tether in a significant all-cash deal, emphasized the importance of technology in Adecoagro's strategy, stating that it's woven into their four business segments.
- With Bioceres' stock value dropping to around $300 million in 2025, there are rumors that Tether might consider taking over the firm, which could integrate sustainable biotech practices into Tether-controlled farms and demonstrate a focus on agtech innovation.
