Tether adds Juventus and a Bitcoin-native public corporation.
Tether added to its 10.12% investment in Juventus Football Club.
Tether, Bitfinex, SoftBank, and Jack Mallers form the first Bitcoin-native public business, Twenty-One, via Cantor Equity Partners.
The Tether network is growing at the fastest rate since September 16, signaling momentum.
Tether acquired shares in Juventus Football Club on Thursday, boosting its overall holding to 10.12% and 6.18% voting rights.
Tether bought nearly 10% of Juventus FC
On Thursday, USDT stablecoin issuer Tether stated that had bought more Juventus Football Club shares on April 15. Over 10.12% of the outstanding share capital, or 6.18% of voting rights, is its.
Before this strategic move, Tether had acquired 8.2% of the Club's outstanding share capital, or 5% of its voting rights. This will allow Tether to spend more in the Turin football powerhouse.
In its press statement, Tether claims the investment shows its long-term commitment to Juventus and its belief in the Club's underlying worth and development potential.
“We are proud to become a significant shareholder of Juventus, a club with a history, brand, and fanbase that is second to none,” said Tether CEO Paolo Ardoino. “This investment is not just financial—it signifies innovation and long-term collaboration.
The story states that Cantor Fitzgerald's consortium is preparing to start 21 Capital, a multibillion-dollar Bitcoin investment company, to emulate MicroStrategy's success.
Tether will give $1.5 billion in Bitcoin, SoftBank $900 million, and Bitfinex $600 million. Shared ownership and leadership link Bitfinex with Tether.
Financial Times says that SoftBank, Tether, and Bitfinex will convert their bitcoin investments into 21 Capital shares at $10 per share and value the digital currency at $85,000 per coin.
USDT's on-chain measurements show steady network expansion, hitting 47,609 on Wednesday, the highest number since September 16, showing traction.
