#TradingTypes101 ⚽🇫🇷 PSG OFFICIALLY ANNOUNCES BITCOIN RESERVE – A STRONG MOVE INTO DIGITAL ASSETS
The leading football club in France, Paris Saint-Germain (PSG), has surprised many by announcing that it has begun to hold a portion of its reserves in the form of Bitcoin ($BTC).
💼 According to the official announcement:
"We believe that digital assets will play an increasingly important role in the financial future of global sports. Holding Bitcoin is a strategic long-term move." at Bitcoin 2025
📌 Noteworthy details:
The specific amount of BTC reserves held by PSG has not been disclosed.
PSG stated that it has partnered with a digital asset custody service provider in Europe.
This is part of a financial diversification strategy, alongside traditional revenue sources such as sponsorship, ticket sales, and broadcasting rights.
⚡ Before PSG, several other sports organizations like the Dallas Mavericks and Miami Dolphins had also announced integration or support for crypto payments, but PSG is the first major football club in Europe to publicly hold BTC.
📈 Market impact:
This information has created a positive effect, boosting investor sentiment, especially after a period of market correction.
The $PSG Fan Token (PSG) recorded a slight increase right after the news, while BTC is consolidating its gains around the $105,645 mark.
🎯 An important step marking the increasingly prominent presence of Bitcoin in the world of sports and traditional finance.#BTC