Tether Holdings, the issuer behind the USDT stablecoin, and South America-focused agribusiness Adecoagro S.A. said they have signed a memorandum of understanding to develop a Bitcoin-mining venture in Brazil powered entirely by renewable energy. The partners plan to tap part of Adecoagro’s 230 megawatts of generation capacity—drawn from biomass, solar and other sources—to run the mining equipment. Both companies said the initiative could monetize surplus electricity, bolster grid stability and provide Adecoagro with direct exposure to Bitcoin alongside its core agricultural assets. Financial terms were not disclosed. The pilot has been cleared by Adecoagro’s independent committee, and the operation will use Tether’s Mining OS, which the company intends to open-source later this year. Further details are expected as the project progresses.