In a strategic move that has caught the attention of both crypto enthusiasts and traditional market watchers, Tether Investments S.A. de C.V. has secured a commanding 70% stake in Adecoagro S.A. (NYSE: AGRO), positioning itself as a significant player in South America’s sustainable production sector.

The acquisition, announced today, represents a dramatic expansion of Tether’s operational focus beyond digital finance into tangible infrastructure investments spanning energy, agriculture, data, and communications networks.

Tether’s relationship with the agricultural powerhouse began taking shape in September 2024, when the technology company invested $100 million to acquire a 9.8% initial stake in Adecoagro. That preliminary investment signaled Tether’s growing interest in supporting real-world asset (RWA) production, particularly in emerging markets where traditional investment has often been scarce.

With this controlling stake now secured, Tether stands poised to accelerate Adecoagro’s growth trajectory and reshape its operational priorities around renewable energy development, resource efficiency, and regional economic advancement throughout South America.

The acquisition has prompted significant leadership changes at Adecoagro, with five board members stepping down: Ana Cristina Russo, Guillaume van der Linden, Alan Leland Boyce, Andres Velasco Brañes, and Plinio Musetti. Their replacements include new Executive Chairman Juan Sartori, alongside Christian De Prati, Andres Larriera, Kyril Robert Leonid Louis-Dreyfus, and Oscar Alejandro León Bentancor, who join existing members Manuela Vaz Artigas, Ivo Andrés Sarjanovic, Daniel González, and Mariano Bosch.

Paolo Ardoino, CEO of Tether, commented: “Our acquisition of Adecoagro reflects Tether’s commitment to advancing sustainable, real-world infrastructure in regions where investment has historically been limited. By aligning with in Adecoagro’s proven expertise in agriculture and renewable energy, we are taking another concrete step toward bridging traditional industries with the future of decentralized finance and economic empowerment.”

Mariano Bosch, Co-Founder and CEO of Adecoagro, added: “Tether’s investment marks a turning point for Adecoagro. Their commitment to building sustainable infrastructure complements our mission and opens exciting new possibilities. I thank our departing Board members for their steadfast contributions and warmly welcome the incoming directors, whose experience will help propel us forward.”

Juan Sartori, newly appointed Chairman of the Board, noted: “This partnership with Tether brings a new era of opportunity for Adecoagro. We look forward to scaling the company’s impact in sustainable agriculture and energy, reinforcing capital discipline, and unlocking long-term value across South America.”

The company has announced that the Audit Committee will now include Manuela Vaz Artigas, Ivo Andrés Sarjanovic, and Oscar Alejandro León Bentancor, with the complete Board expected to receive formal confirmation at the upcoming General Shareholders’ Meeting scheduled for June 6, 2025.

This major acquisition follows Tether’s recent expansion efforts across various sectors, including bitcoin mining operations, artificial intelligence infrastructure, and peer-to-peer communication technologies. By taking control of Adecoagro, Tether further demonstrates its commitment to diversifying into productive, sustainable investments that deliver both economic returns and broader societal benefits.