#Tether just invested 10.8 million USD to acquire 30.4% of the company Be Water in Italy. Be Water specializes in producing films, documentaries, and socially-themed podcasts.

This deal is part of Tether's diversified investments outside the crypto sector, after the company announced a profit of 13 billion USD in 2024. Previously, Tether also purchased shares in Juventus, invested in South American agriculture, and a video platform #Rumble .