Key Insights:
- Tether has partnered with South American agribusiness and energy firm Adecoagro to launch a Bitcoin mining project in Brazil.
- This initiative is aimed at monetizing Adecoagro’s excess renewable energy by converting it directly into Bitcoin.
- Tether is pushing through despite facing an ongoing $4 billion lawsuit from Celsius Network in the U.S. bankruptcy court.
Tether has partnered with South American agribusiness and energy firm Adecoagro to launch a Bitcoin mining project. This initiative will be powered entirely by renewable energy and will tap into Adecoagro’s surplus energy.
It will also turn previously unused resources directly into Bitcoin in another win for the crypto industry. Here’s how this partnership could set the tone for how Bitcoin mining can be combined with clean energy production.
A Green Vision for Bitcoin Mining
According to a press release from Tether, the joint project between both companies will make use of over 230 megawatts (MW) of renewable electricity, generated by Adecoagro’s operations across South America. Both of these companies have signed a Memorandum of Understanding (MoU) to look into the project’s inner workings.
Tether, the world’s largest stablecoin issuer, is planning to launch a pilot project with Adecoagro, a South American agriculture company, to mine Bitcoin using surplus renewable energy in Brazil. Adecoagro owns 230 MW of power generation capacity across South America. Do you… pic.twitter.com/6rv2GrE4OJ
— American Bitcoin (@AmericanBTC) July 3, 2025
So far, the goal of the initiative is to investigate how surplus energy can be monetized. This is especially when it comes to energy that would otherwise be sold on the spot market at lesser rates.
Instead of allowing excess energy to go unused, Adecoagro will now feed this energy into a mining operation managed by Tether.
“This project opens the door to stabilizing a portion of the energy we currently sell on the spot market while gaining exposure to the upside potential of Bitcoin,” said Mariano Bosch, CEO and Co-Founder of Adecoagro.
Tether Is Adopting Renewable-Powered Mining
For Tether, this project stands as another step in its approach towards renewable energy and decentralized infrastructure.
The company is already involved in several sustainable mining ventures around the world. This time around, it plans to manage the Brazil operation using its proprietary Mining operating system.
The company also announced it would soon open-source this operating system to promote accountability and similar mining practices elsewhere around the world.
“Tether is proud to collaborate with Adecoagro,” said Paolo Ardoino, CEO of Tether.
Bitcoin As The Ultimate Asset for Agribusiness?
One of the most interesting aspects of the partnership is Adecoagro’s long-term view of Bitcoin.
The company plans to include the mining operation on its balance sheet. Besides, it aims to treat Bitcoin as a strategic asset, just like its other long-term holdings like farmland. This move shows a much larger trend of institutions approaching digital assets, not just as speculative tools but as hedges against volatility and parts of their portfolios.
Moreove, the company, converting its surplus energy into Bitcoin is setting itself up to benefit from the asset’s growth over the long term.
According to Adecoagro, the addition of Bitcoin mining to its operations will also help them reduce reliance on unstable spot energy markets. Additionally, they’ll look into new tech-driven revenue streams.
Tether Legal Hurdles and Global Implications
While the Brazil project is a step in the right direction, Tether is currently dealing with a few legal challenges in the United States.
The company is currently facing a lawsuit from Celsius Network, in which the company alleges that Tether mismanaged over 39,500 Bitcoin during its collapse in 2022. The case is currently ongoing in U.S. bankruptcy court. Despite this legal pressure, Tether is committed to pushing forward with this expansion into the mining space.
Celsius just won a major round in its $4B lawsuit against Tether.
A U.S. judge says the case can move forward over claims that Tether sold 39,500 $BTC early during the 2022 crash, breaking their deal.
If Celsius wins, this could set a BIG example for how crypto firms are… pic.twitter.com/JfVmZocNS4
— Greg Miller (@greg_miller05) July 2, 2025
Elsewhere around the world, the debate around subsidized Bitcoin mining is still ongoing. The IMF has recently rejected proposals from Pakistan to subsidize mining operations.
Overall, Tether’s approach towards private capital and renewable energy offers a possible workaround for this. A framework that avoids reliance on taxpayer support while still converting surplus energy into Bitcoin.
The post Tether Approaches Bitcoin Mining Initiatives In Brazil appeared first on Live Bitcoin News.