Tether Acquires Minority Stake in Juventus

CosmicTaco · 2025-02-15T08:57:27.154582+05:30

- Tether has become a minority shareholder in Juventus, Italy's top-flight soccer club, without disclosing the size of its stake. - Juventus, controlled by the Agnelli family, saw its shares rise by 4.7% following the announcement, valuing the club at 940 million euros. - Tether aims to merge new technologies with the sports industry, as Juventus seeks to recover from financial losses and an accounting scandal. Source: [Channel Newsasia](https://www.channelnewsasia.com/business/italys-juventus-shares-jump-after-crypto-firm-tether-buys-stake-4939266), [Channel Newsasia](https://www.channelnewsasia.com/business/crypto-firm-tether-buys-minority-stake-juventus-soccer-club-4939266)

Tether has become a minority shareholder in Juventus, Italy's top-flight soccer club, without disclosing the size of its stake.
Juventus, controlled by the Agnelli family, saw its shares rise by 4.7% following the announcement, valuing the club at 940 million euros.
Tether aims to merge new technologies with the sports industry, as Juventus seeks to recover from financial losses and an accounting scandal.

Source: Channel Newsasia, Channel Newsasia