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Tether Now Owns Over 10% of Juventus

by SB Crypto Guru News
April 25, 2025
in Crypto Updates
Reading Time: 3 mins read
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Tether, the company behind USDT
USDT


$0.9870

, has raised its stake in Juventus Football Club to more than 10% of the total issued shares.

This decision, made official on April 15, 2025, gives Tether 6.18% of the club’s voting rights. The company had already owned 8.2% of Juventus before this latest purchase.

Juventus, founded in 1897 and based in Turin, is one of Italy’s most well-known football clubs. By raising its stake, Tether has shown interest in becoming more involved in the club’s future—not just as an investor, but also as a long-term partner.

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Tether CEO Paolo Ardoino stated:

We believe Juventus is uniquely positioned to lead both on the field and in embracing technology that can elevate fan engagement, digital experiences, and financial resilience. We’re excited about the opportunities ahead.

Tether has made several large investments in other industries, including artificial intelligence (AI), biotech, and social media platforms. Its interest in Juventus adds sports to that list.

According to the company, it also plans to support Juventus if the club raises more money in the future. Tether said that it would be willing to invest again to help the club stay financially strong and avoid reducing its share of influence.

Meanwhile, Semler Scientific, a healthcare tech company, plans to raise up to $500 million by offering various securities. What is the company hoping to achieve with this fundraising? Read the full story.

Aaron S. Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.




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Tags: Bitcoin NewsCrypto NewsCrypto UpdatesJuventusLatest News on CryptoOwnsSB Crypto Guru NewsTether
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