Tether raises his participation in the Juventus football team to more than 10%

By Hannah Pérez

Juventus is now partly owned by the broadcaster of the world’s largest. Tether had revealed a first investment in the Italian football club in February and now announces another.

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• Juventus is partly owned by Tether, the largest stable station.
• Tether had revealed a first investment in Juventus in February, now expands his participation.
• The USDT station was secured 6.18% of the voting rights at the Italian football club.
• It is part of the firm’s expansion towards Industrias beyond cryptocurrencies.

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Tetherthe cryptocurrency company behind the Stablecoin USDT increased its participation in the Italian Football Club Juventus to more than 10% after making an investment beginnings of the month for an unleashed figure.

In a press release on Thursday, the USDT issuer reported the acquisition of additional actions in Juventus Football Clubraising its total participation to more than 10.12% of the capital capital issued.

Tether He had released a first investment in the emblematic Turin -based football team in February in the midst of a broader effort of the company to expand its business beyond digital currencies. At that time, the company did not reveal the size of the investment, but said that 8.2% of the participation had been ensured.

From the last thrust, Tether 6.18% of vote rights at the club has been ensureda figure that undoubtedly consolidates it as an important shareholder in Juventuswith a deeper voice in the governance and financial future of one of the most famous sports institutions in Europe.

Founded in 1897 and with 36 league titles in its name, Juventus It is one of the most emblematic soccer clubs in Italy and Europe, with a wide trajectory and trade agreements that include Adidasthe insurer Allianz and the cryptocurrency platform Zondacrypto.

“We are proud to become an important shareholder of Juventus, a club with a story, brand and fans base that is insurmountable ”, said the CEO of TetherPaolo Ardoino, in the note.

“This investment is not only financial – it is a commitment to innovation and long -term collaboration. We believe that Juventus is in a unique position to lead both in the field and in the adoption of technology that can raise the commitment of fans, digital experiences and financial resilience. We are excited about the opportunities that are coming”

The company added in the statement that, as part of its long -term commitment to the club, is “open to participate in any future capital injection to help strengthen the financial base of Juventus and avoid the dilution of its position“

Tetherwhich emits the Stablecoin larger in the world, with a capitalization of USD $ 145 billion, it has been moving beyond cryptocurrencies with investments in varied sectors that include agriculture, artificial intelligence, energy and even cinema.

In 2024, the station reported Net Profit of USD $ 13,000 million. Yesterday it was reported that Tethertogether with SoftBank and Jack Mallers, founded a new company focused on Bitcoin which will open with 42,000 BTC in its treasury. Tether is the majority owner.

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Hannah Estefanía Pérez / Diariobitcoin

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