PANews June 25 news, according to Bloomberg data, Tether is currently the second largest shareholder of Italian football club Juventus and hopes to gain a seat on the club's board. However, Juventus has stated that any relevant negotiations will be postponed until after the World Club Cup.
As of the close of trading this Monday, Tether Holdings SA has accumulated a 10.7% stake in Juventus, valued at approximately 128 million euros (about 149 million USD). Notably, before 2025, no major European football clubs will list a cryptocurrency company as one of their main shareholders.
Previously reported, Tether increased its stake in Juventus Football Club by 10%.