![](\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDQvMDE5NjY3ZTctNjE5NS03YjBjLWFiMzctNDg5YjUzMDlkYTJj.jpg\")
<\/p>\n\n<\/p>\n\n
<\/p>\n
Tether Investments \u2014 the investment arm of leading stablecoin issuer Tether \u2014 acquired additional shares in Juventus Football Club.<\/p>\n
According to an April 24 announcement<\/a>, with its latest investment, Tether brought its total participation in Juventus to over 10.12% of the issued share capital, representing 6.18% of the voting rights. The investment follows the firm\u2019s initial acquisition of 8.2% of the issued shares<\/a>.<\/p>\n Tether CEO Paolo Ardoino said that the investment is not only a short-term financial maneuver but \u201ca commitment to innovation and long-term collaboration.\u201d He added:<\/p>\n \u201cWe believe Juventus is uniquely positioned to lead both on the field and in embracing technology that can elevate fan engagement, digital experiences, and financial resilience. We\u2019re excited about the opportunities ahead.\u201d<\/p><\/blockquote>\n Founder of Obchakevich Research, Alex Obchakevich, told Cointelegraph that Tether\u2019s Juventus stake increase is an \u201cattempt to prove to non-crypto investors and users that the company is much more than just a stablecoin.\u201d Investors may also not be the only target:<\/p>\n \u201cIt is also a way to improve your image with regulators (especially in the European Union) by demonstrating transparency and stability.\u201c<\/p><\/blockquote>\n Obchakevich added that he believes \u201cTether is trying to return to the European market\u201d after losing access due to compliance issues with the local Markets in Crypto-Assets Regulation (MiCA). Leading crypto exchange Binance delisted Tether\u2019s stablecoin, USDt (USDT<\/a>), in the European Economic Area (EEA) earlier this month<\/a>, and now a \u201cstake in Juventus is one of the options for returning to the EU market.\u201d<\/p>\n Juventus is a professional soccer club based in Turin, Italy, widely regarded as one of the most successful and popular teams in the history of Italian and European soccer. Founded in 1897<\/a>, Juventus, commonly known as \u201cJuve,\u201d competes in Serie A, Italy\u2019s top soccer league.<\/p>\n The club has won numerous national and international titles, including multiple Serie A championships, Coppa Italia trophies and UEFA competitions. Tether announced its intention to work closely with the soccer club\u2019s leadership and stakeholders, as well as provide further financial support:<\/p>\n \u201cAs a further demonstration of its long-term commitment, Tether is also open to participating in any future equity injections to help strengthen Juventus\u2019s financial foundation and avoid dilution of its position.\u201c<\/p><\/blockquote>\n This is just the latest in a long series of investments by Tether. According to reports from earlier this month, Brandon Lutnick, chair of investment banking firm Cantor Fitzgerald, is partnering with SoftBank, Tether and Bitfinex to create a $3 billion crypto acquisition company<\/a>.<\/p>\n Tether is also involved in Bitcoin (BTC<\/a>) mining. The firm recently announced the intention to deploy its existing and future Bitcoin hashrate<\/a> to Ocean\u2019s Bitcoin mining pool<\/a> to strengthen the network\u2019s decentralization.<\/p>\n Tether also just bought 8,888 Bitcoin in the first quarter of 2025<\/a>. Data from the onchain analytics platform Arkham Intelligence\u00a0shows<\/a>\u00a0that the firm currently holds 95,721 BTC, worth roughly $8.89 billion at the time of writing.<\/p>\n In late March, Tether also invested \u20ac10 million ($11.4 million) in the Italian media company Be Water<\/a>. Some of the investments are already paying off, with Canadian YouTube alternative Rumble recently launching its wallet with support for Tether\u2019s USDT stablecoin<\/a>. This comes after Tether\u00a0invested $775 million<\/a>\u00a0in Rumble in late 2024.<\/p>\n Tether\u2019s recent spending spree is likely at least partly due to the company\u2019s intention to hedge against a falling US dollar. Still, Obchakevich thinks this is not the whole story since \u201ccompanies like Tether are playing for the long haul, and a situational drop in the dollar in the market due to tariffs would not be a reason to spend money quickly.\u201d He said:<\/p>\n \u201cThe deal with Juventus is not a situational story, I\u2019m sure it was prepared long before the tariffs and the dollar fell.\u201c<\/p><\/blockquote>","protected":false},"excerpt":{"rendered":" Tether Investments \u2014 the investment arm of leading stablecoin issuer Tether \u2014 acquired additional shares in Juventus Football Club. According to an April 24 announcement, with its latest investment, Tether brought its total participation in Juventus to over 10.12% of the issued share capital, representing 6.18% of the voting rights. The investment follows the firm\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":316,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/cryptocoinnewslink.com\/index.php?rest_route=\/wp\/v2\/posts\/315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptocoinnewslink.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptocoinnewslink.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptocoinnewslink.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptocoinnewslink.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=315"}],"version-history":[{"count":0,"href":"https:\/\/cryptocoinnewslink.com\/index.php?rest_route=\/wp\/v2\/posts\/315\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptocoinnewslink.com\/index.php?rest_route=\/wp\/v2\/media\/316"}],"wp:attachment":[{"href":"https:\/\/cryptocoinnewslink.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptocoinnewslink.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptocoinnewslink.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}What is Juventus?<\/h2>\n
Tether is on a shopping spree<\/h2>\n