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via Bitcoin Magazine · By Bitcoin Magazine Editorial

Tether-Backed Adecoagro To Launch Sugarcane-Powered Bitcoin Mining In Brazil

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Bitcoin Magazine Editorial

(04:29 PM UTC)

1 min read

Updated byJames Mitchell

668 views

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Adecoagro (NYSE: AGRO), the South American agribusiness company with Tether as its majority shareholder, is set to begin Bitcoin mining operations in Brazil using electricity generated from sugarcane waste, with a target launch date of July 1, 2026, according to various local reports.

The project will be based in Ivinhema, in the state of Mato Grosso do Sul, and will start with 10…

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