What interest does Tether have in Adecoagro? There is an obvious answer and another that will surprise you.

In a short time, the purchase of the majority of the share package of Profertil by Adecoagro, an agri-industrial company controlled by the cryptocurrency corporation Tether, will be made official. Tether's strategy includes a more obvious part, which is to diversify a gigantic portfolio of assets in various sectors that manage physical goods, which are necessary in case, for some unforeseen reason (generalized blackout, cyber attack, etc.), the cryptocurrencies are diluted into thin air. But part of the strategy, although visible, is not so noticeable because it is part of a series of actions that intervene in two sectors that are apparently not connected, but they are. The first clue of this phenomenon came in the middle of this year, when Adecoagro announced that it had started working with Tether to evaluate the feasibility of mining bitcoin in Brazil with surpluses from its own energy production, which is based on boilers to burn sugarcane bagasse and biomethane from vinasse ...