Tether Pours Capital Into Media, Agriculture Companies Amid Investment Spree

Tether Pours Capital Into Media, Agriculture Companies Amid Investment Spree - WorldNL Magazine

Tether revealed Thursday it is investing in a pair of firms unrelated to the crypto industry, continuing an investment spree that has only intensified since the company reported record profits earlier this year. The El Salvador-based company snapped up 49,596,510 shares of Latin American-focused agricultural firm Adecoagro, growing its stake in the business to 70%, according to an SEC filing published Thursday. "Our investment aligns with Tether…

Tether Pours Capital Into Media, Agriculture Companies Amid Investment Spree

The Stablecoin issuer has increased its stakes in companies within and beyond the crypto industry after notching record profits in 2024.

The USDT station invested in the Italian media and film company, Be Water, while expanding its participation in the South American firm of agriculture, Adecoagro, to 70%. *** Tether, a USDT station, continues to expand beyond cryptocurrencies Invested USD $10 million in Italian media and film, Be Water In addition, it injected capital to raise its share in Adecoagro to 70% Adecoagro, which is listed on the stock market, is an agricultural benchm…

Giancarlo Devasini became a multi-billionaire with a stablecoin. Now the market leader is gaining control and competitors.