Well, dash it all, Tether has gone and done the unthinkable—plonked itself firmly in the grandstands of Juventus Football Club by snatching up a splendidly substantial 10.12% chunk of the club’s shares. Quite the scoring move, if I do say so!
This charming coup crowns Tether a most notable minority shareholder in one of Europe’s football royalty. Truly, it’s like showing up to a dinner party with a silver spoon—and then pocketing half the cutlery. 🏆
Previously dabbling with an 8.2% slice and a 5% voting grunt, Tether now wields a 6.18% voting baton, which in the football world is practically a captain’s armband. Someone’s been hitting the shareholder gym!
This isn’t just a penny-pinching caper; it spells a blooming bromance between the world’s largest stablecoin overlord and the Turin titans, with eyes set on a future abundant with sport and tech shenanigans. 🤝
For those puzzling over the jargon, Tether peddles the $140 billion USDT stablecoin and isn’t afraid to dabble outside crypto playgrounds—into artificial intelligence, biotechnology, and of course, the good old sport of footie.
Tether’s cabinet of curiosities and hobnobbing
Juventus now joins Tether’s expanding menagerie of investments, cozying up alongside their Swiss chums FC Lugano, adorned with snazzy kit sponsorship courtesy of Tether’s Plan ₿—which, frankly, sounds like the start of a Bond movie.
“We are simply thrilled to become a large-ish shareholder of Juventus,” gushed Tether’s head honcho Paolo Ardoino. “This isn’t mere money-laundering—er, investment—it’s a love letter to innovation and a lifelong rom-com collaboration.” ❤️
If that weren’t enough, Tether has teamed up with the likes of Cantor Fitzgerald, Bitfinex, and SoftBank to conjure a $3 billion Bitcoin behemoth named 21 Capital. With $350 million in convertible bonds and $200 million from private titmice, their plan to gobble up Bitcoin looks more like a buffet than an investment strategy.
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2025-04-24 18:19