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Tether Submits Bid To Acquire Juventus Football Club — Details

Tether Submits Bid To Acquire Juventus Football Club — Details

Author:

Global Cryptocurrency

Published:

2025-12-13 23:05:02

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BTCCSquare news:

Tether, the stablecoin operator behind USDT, has made a bold MOVE to acquire a controlling stake in Juventus FC. The company recently increased its minority holding to 10% after an initial 8.2% purchase in February 2025. Paolo Ardoino, Tether's CEO and a lifelong Juventus supporter, framed these investments as part of a broader strategy to integrate digital assets into mainstream life.

The latest bid targets Exor, the holding company of the Agnelli family, for their 65.4% stake in the club. Juventus, valued at $1.87 billion, remains Italy's most decorated football institution despite recent competitive challenges. Tether has pledged €1 billion for sports development if the acquisition succeeds.

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