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Tether Becomes Second Largest Shareholder of Juventus Football Club, Seeks Board Seat
Summary: According to Bloomberg, no major European football club has ever had a cryptocurrency company as one of its main shareholders until 2025. Tether disclosed its stake in Juventus Club in February this year, with its ownership reaching 10.7% by April. Based on Bloomberg's data as of this Monday's close, this stake is currently valued at ...
According to Bloomberg, no major European football club has ever had a cryptocurrency company as one of its main shareholders until 2025. Tether disclosed its stake in Juventus Club in February this year, with its ownership reaching 10.7% by April. Based on Bloomberg's data as of this Monday's close, this stake is currently valued at approximately 128 million euros (about 149 million US dollars).
Tether is now the second largest shareholder of Juventus, behind only Exor NV. Exor is the investment company of the Italian billionaire Agnelli family, who have been overseeing the football club for over a century. According to a statement from Tether, the company is also seeking a seat on Juventus' board.
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Link: Tether Becomes Second Largest Shareholder of Juventus Football Club, Seeks Board Seat [Copy]
