Tether Eyes Juventus Buyout, Plans $1B Investment
Update: 2025-12-12
Description
Tether, the stablecoin company, is making a significant move in the world of soccer by offering to buy a majority stake in Italian club Juventus. The company, led by CEO Paolo Ardoino, has a personal connection to the team and plans to invest one billion Euros to support its growth. This move comes after Tethers recent active investments in various sectors, including robotics and video-sharing platforms. The company is also reportedly considering making its own stock available as digital tokens, aiming to raise twenty billion dollars and value itself at five hundred billion dollars.
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