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200 sats \ 3 replies \ @byzantine OP 27 Apr \ on: Tether to acquire Adecoagro S.A. tech
at this point, all of these acquisitions by tether start to make me think that they have a lot of questionable funds on their balance sheet and the best way to get rid of questionable funds is to buy a company with them and then use the clean cash flows as a way to replenish with clean dollars
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77 sats \ 0 replies \ @nkmg1c_ventures 27 Apr
I think they have more cash than they know what to do with, if they were trying to hide it they wouldn't have bought the 10% stake in Juventus. Any business that produces stuff and generates revenue over time is a good way to diversify from just holding debt
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33 sats \ 0 replies \ @justin_shocknet 27 Apr
Or we're about to see commodity markets get tokenized on a Bitcoin standard
Maybe both?
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0 sats \ 0 replies \ @byzantine OP 27 Apr
yeah i think they are diversifying but i wonder why at this point in bitcoin adoption. unless these investments buy them some favors in the jurisdictions they invest
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