Bitcoin News: Tether Increases Stake in Agricultural Giant Adecoagro

In a significant move that could impact both the cryptocurrency and agricultural sectors, Tether, the issuer of the popular stablecoin USDT, has boosted its stake in Adecoagro, a major Latin American agricultural firm.

Tether Boosts Stake in $1.12B Agricultural Firm Adecoagro to 70%

Tether, the issuer of the $144 billion stablecoin USDT, has increased its stake in Latin American agricultural firm Adecoagro (AGRO) from 51% to 70%. The offer price of $12.41 per share is subject to certain closing conditions. Following the announcement, AGRO shares surged over 7% to $11.95 in pre-market trading. Adecoagro focuses on sugar, ethanol, dairy, and crop production in Argentina, Brazil, and Uruguay, owning 210,400 hectares of farmland and several industrial facilities. Tether views this investment as a safe haven in land, complementing its holdings in Bitcoin (BTC). The company has a market cap of just under $1.12 billion.

CoreWeave Slashes Valuation to $23B Ahead of IPO

CoreWeave, an AI infrastructure firm, is reportedly slashing its valuation to $23 billion just one day before its initial public offering (IPO). The company was initially expected to raise $3 billion at a $30 billion valuation but has now cut the size and valuation. According to Bloomberg, CoreWeave is now aiming to raise only $1.5 billion. CoreWeave is closely partnered with Bitcoin miner Core Scientific (CORZ), which was expected to profit from the IPO. However, CORZ stock is down sharply over the past month and for 2025 as a whole. AI-related tokens such as NEAR, ICP, and Render have also seen losses.

Bitwise Adds Bitcoin Giants to ETF

Bitwise Investments has expanded its Bitcoin Standard Corporations ETF (OWNB ETF) by adding Fold Holdings and Bitdeer Technologies. The latest modifications have increased the number of firms in the ETF to 22, each maintaining over 1,000 BTC. These additions bring the ETF’s total Bitcoin equivalents to 648,000 BTC, currently valued at over $54 billion. The fund aims to support businesses with significant Bitcoin reserves and now includes various mining companies. Bitwise announced these changes on March 25, emphasizing its commitment to tracking large Bitcoin-related organizations. Notably, the fund does not purchase Bitcoin directly or through derivatives.

APOLLO Debuts as Solana’s First Trustless Bitcoin Exchange

Zeus Network has announced the launch of APOLLO, the first fully trustless and decentralized bitcoin exchange on Solana. The network also introduced zBTC, a permissionless Bitcoin asset native to Solana. This marks a significant step forward for Bitcoin Finance (BTCFi), integrating Bitcoin’s liquidity and security with modern decentralized finance. BTCFi offers Bitcoin holders access to yield opportunities, liquidity pools, and advanced trading strategies.

Bitcoin ETFs See $5B Outflow: Is the Bull Run in Trouble?

Bitcoin ETFs saw $5 billion in redemptions in 2025, marking a 12% drop as institutions reduce risk exposure due to macroeconomic instability. ETF inflows have stalled, with daily netflows turning flat as investors await clearer macro signals. Bitcoin trades above $87K, but a break below the $72K support may trigger a broader market correction. Bitcoin ETFs have entered a bearish market after displaying good performance in 2024.

Trump’s Tariffs Impact Cryptocurrency Prices

Cryptocurrency prices retreated slightly on March 27 after Donald Trump’s Liberation Day came early for global automakers. Bitcoin (BTC) fell below $86,000, while the total crypto market capitalization declined by 1.67% to $2.83 trillion. The crypto fear and greed index remained in the fear zone at 38. The pullback in digital assets mirrored losses in traditional markets, with futures tracking the Dow Jones, Nasdaq 100, and S&P 500 all down by over 0.70%. The main catalyst for the downturn was Trump’s decision to impose broad tariffs on all vehicles and parts imported into the United States, expected to hit all automakers, including domestic manufacturers. While the article does not mention other specific cryptocurrencies, the broader market trends suggest similar movements for coins like ETH, LTC, BSV, and others in the list.