Tether Goes Big: Snags Over 10% Stake in Juventus!

Holy moly, Tether's not messing around! They've just cranked up their stake in Juventus Football Club, now owning a whopping 10.12% of the club's shares. That's right, they're diving deeper into the heart of European football!

With this move, Tether's not just a bystander anymore—they're a major player, a significant minority shareholder in one of the continent's legendary football clubs. Talk about making a statement!

And get this: they've upped their voting rights to 6.18% from the 5% they had with their earlier 8.2% shareholding. That's some serious power in the boardroom!

This isn't just a random investment. It's a sign that Tether and Juventus are getting cozy, planning to team up for the long haul in sports and tech. It's like a match made in heaven!

Remember, Tether's the big dog in the stablecoin world, with their $140 billion USDT. But they're not stopping there—they're branching out into AI, biotech, and now, sports. They're on a roll!

Tether's Expanding Empire

Juventus is just the latest jewel in Tether's crown. They're already sponsoring Swiss club FC Lugano's kits through their Plan ₿ initiative. These guys are everywhere!

Tether's CEO, Paolo Ardoino, is pumped about it. "We are proud to become a significant shareholder of Juventus," he said. "This isn't just about money—it's about pushing boundaries and working together for the long run."

And hold onto your hats, because Tether's not done yet. They've teamed up with Cantor Fitzgerald, Bitfinex, and SoftBank to launch a $3 billion Bitcoin investment vehicle called 21 Capital. They're throwing in funds and aiming to raise even more through a $350 million convertible bond and a $200 million private equity round. Their goal? To buy up more Bitcoin and keep the crypto party going!