NYSE:AGROFood
Adecoagro Links Sugarcane Biomass To Bitcoin Mining Pilot Backed By Tether
Adecoagro (NYSE:AGRO) plans to launch a Brazil based Bitcoin mining pilot that uses electricity generated from sugarcane biomass.
The project is backed by major shareholder Tether and supported by the state government, marking Adecoagro's first move into cryptocurrency infrastructure.
The pilot will monetize energy from agricultural byproducts rather than relying on grid power.
Adecoagro is known mainly for its agribusiness operations, with a focus on sugarcane and related activities in...