"The acquisition seems to be a part of a deliberate strategy to diversify Tether's reserves into "hard assets" such as bitcoin, gold, and even agriculture. Earlier this year, the company disclosed it held over 100,000 BTC alongside 50 tons of gold, while also investing in XXI, a bitcoin treasury firm, through transfers exceeding 15,000 BTC in June and July. Tether has not made any official announcement regarding this transaction. Presumably this transaction is a purchase, but it could be a transfer for another purpose."
"Beyond digital assets, Tether has acquired a 70 percent stake in Adecoagro, a Latin American agribusiness with more than 210,000 hectares of farmland across Argentina, Brazil, and Uruguay. By anchoring its balance sheet in non-sovereign assets, Tether has been positioning itself as more than just a stablecoin issuer. The company is betting that bitcoin in particular will serve as a long-term reserve asset - a hedge against both inflation and sovereign debt markets."
Tether purchased nearly 8,889 bitcoin, adding more than $1 billion of BTC to its balance sheet and bringing primary treasury holdings above 86,000 BTC. The company is actively diversifying reserves into hard assets including bitcoin, gold, and agriculture. Earlier disclosures indicate holdings exceeding 100,000 BTC and 50 tons of gold, plus transfers to a bitcoin treasury firm totaling over 15,000 BTC. Tether acquired a 70 percent stake in Adecoagro, gaining more than 210,000 hectares of farmland across Argentina, Brazil, and Uruguay. No official announcement accompanied the transfer, and Tether is reportedly seeking $15–20 billion in equity at a near $500 billion valuation.
Read at Bitcoin Magazine
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