Jahnu Jagtap

Paris Saint-Germain (PSG), one of Europe’s top football clubs, has officially added Bitcoin$BTC to its treasury reserves.

📢The Crypto Times reports, Pär Helgosson, Head of Web3 at PSG said ,“We allocated our fiat reserve into #Bitcoin —and still hold it,” at the Bitcoin LA Conference.
#PSG The Largest Sports Institution to Hold $BTC
With this move, PSG becomes the largest sports institution to hold #BTC , signaling major crypto adoption in global sports.
🧠 Through PSG Labs, the club also plans to launch and support #Bitcoin ventures, helping projects scale globally with access to its 550M+ fanbase.

📈 Following the announcement, the PSG Fan Token (Chiliz-based) jumped +7% instantly, now trading around $2.70 with:

✅ RSI bouncing to overbought zone ✅ 50-day EMA as strong support at $2.50✅ A Golden Cross brewing (50/200 EMA)🔼 Target resistance: $3.00 to $3.375🔽 Support: $2.50 → $2.25

🧩 Despite a 7D dip (-4%), the #PSG token is up +18.5% in 30D, with volume spiking over 24%. As altcoin season nears, the token is gaining serious traction.

🎯 Is PSG leading the charge toward mass Bitcoin adoption in sports?