Tether Boosts Stake in Italian Football Giant Juventus

2025-04-25 06:35:01

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Leading stablecoin issuer Tether significantly increased its stake in Juventus Football Club on April 15, 2025, now holding more than 10.12% of shares and 6.18% of voting rights.

Tether Backs Juventus’ Future Prospects and Growth Potential

Tether Investments, S.A. de C.V., a key member of the Tether Group, has significantly increased its ownership stake in the Italian football club Juventus. Tether’s April 15, 2025, acquisition of additional shares boosts its total shareholding in the club to over 10.12% of the issued share capital and 6.18% of voting rights.

According to a statement, this latest investment builds upon its existing 8.2% stake in the Turin-based club’s issued share capital, translating to just over 5% of voting rights. Tether emphasized that the investment underscores its growing commitment to the football institution.

Founded in 1897, Juventus is Italy’s most successful domestic football club, having won the Scudetto a record 36 times. Tether’s increased stake reflects its long-term confidence in Juventus’s future prospects and growth potential.

Tether CEO Paolo Ardoino praised the investment, stating it showcases the stablecoin issuer’s commitment to innovation as well as its belief in Juventus’s vision.

We are proud to become a significant shareholder of Juventus, a club with a history, brand, and fanbase that is second to none. This investment is not just financial—it’s a commitment to innovation and long-term collaboration. 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.

Reinforcing its commitment, Tether also expressed openness to participating in future equity injections aimed at strengthening Juventus’s financial foundation and protecting its ownership stake from dilution.

Looking ahead, Tether anticipates a close and collaborative relationship with Juventus’s leadership and stakeholders. Its goal is to actively support the club in executing its strategic vision, driving growth across both sporting and commercial dimensions, and exploring the formation of an integrated, unified board of directors.

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