Tether Deepens Juventus Investment, Expands Role in Italian Club Finances

Tether has significantly increased its stake in Juventus Football Club to over 10%, solidifying its position as a major shareholder in the Italian club. This latest move grants Tether Investments S.A. de C.V., 6.18% of voting rights, exceeding the 8.2% equity stake it disclosed in February. The company’s investment has driven Juventus shares to climb by 2.7%, trading at €3.20 ($3.65) following the update.