US -based USDT exporter Tether attempted to increase his share in Adecoagro, an agricultural company operating in South America. Within the scope of the proposal evaluated over $ 12.41 per share, the company plans to carry out a transaction that will increase its current share of 51 %to 70 %.
Adecoagro’s activities
Adecoagro, which focuses on the production of sugar, ethanol, dairy products and agricultural products in Argentina, Brazil and Uruguay, has an agricultural land of 210,400 hectares. The company also has many industrial facilities and the market value is around 1.12 billion dollars. This makes the company one of the important representatives of agricultural production in the region.
Tether Investment Strategies
Tether, Bitcoin $87,233.21 And in addition, it aims to diversify the investment portfolio. The company’s strategy is intended to finance businesses supporting infrastructure, technology and economic flexibility. In addition, Tether made a new investment worth 10 million euros in the Italian media company Be Water. Similarly, it was observed that the interest in the sports industry increased by acquiring a minority share in Juventus FC.
“Our investment is in accordance with the vision of infrastructure, technology and businesses that support Tether’s economic freedom and durability.” – Tether CEO Paolo Ardoino
The move is considered as part of Tether’s portfolio diversification and economic value -creating strategies. While the increasing share rate in the agricultural sector aims to strengthen the effectiveness of the company in the region, investments in different sectors such as media and sports are progressing in parallel with this strategy. The developments related to the process are expected to become clear in the future.
Tether continues to search for diversity in investment and expansion policy and continues to turn to different sectors in order to provide balanced growth in the economy. This step of the company is considered as an indicator of efforts to increase regional business volume and strengthen the current asset portfolio. Developments are closely monitored by investors and sector followers.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
