PSG Goes Full Crypto: French Football Giant Parks Cash in Bitcoin
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Paris Saint-Germain just scored a goal for crypto adoption—the club confirms it’s now holding Bitcoin as part of its treasury reserves. Move over, traditional banks—even football clubs are hedging against fiat now.
Why this matters: When mainstream sports franchises start treating Bitcoin like a strategic asset, it’s game over for the ’it’s just a speculative toy’ argument. PSG joins a growing list of institutions quietly building crypto war chests while regulators scramble to keep up.
The cynical take: Nothing says ’financial innovation’ like a football club with Qatari oil money diversifying into volatile digital assets. At least they didn’t buy the dip at $69K.
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