Tether Expands Stake in Juventus Football Club to Over 10%
Tether Investments S.A. de C.V., the investment arm of the world’s largest stablecoin issuer, has increased its stake in Juventus Football Club to more than 10%. The move grants Tether 6.18% of voting rights, solidifying its position as a major shareholder in the Italian football giant.
Juventus, founded in 1897 and winner of 36 league titles, stands as one of Europe’s most prestigious sports institutions. Tether initially acquired an 8.2% stake in February, signaling its growing interest in the intersection of cryptocurrency and traditional sports.
CEO Paolo Ardoino framed the investment as strategic rather than purely financial. The stablecoin giant appears poised to play an active role in shaping the club’s technological and financial future.
